Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for ROBLOX CORP (RBLX) for the 14-Apr-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RBLX was recently trading at $49.48 and has an implied volatility of 82.54% for this period. Based on an analysis of the options available for RBLX expiring on 14-Apr-2022, there is a 34.18% likelihood that the underlying will close within the analyzed range of $35.84-$49.48 at expiration. In this scenario, the average linear return for the trade would be 71.10%. 52 week low: ROBLOX CORP recently reached a new 52-week low at $48.55. RBLX had traded in the range $53.08-$141.60 over the past year. Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if RBLX maintains its current direction and does not revert back to pricing on the bullish side of $49.48 on 14-Apr-2022. If possible, the trade has been padded such that slight movement against the trade would still return a profit. Upside potential: Using this bearish strategy, the trade would be profitable if ROBLOX CORP closes at or below $50.83 on 14-Apr-2022. Based on our risk-neutral analysis, there is a 53.32% likelihood of this return. Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment. To analyze this trade in depth, please visit the Quantcha Options Search Engine.