Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Covered Put trade opportunity for KARYOPHARM THERAPEUTICS INC. C (KPTI) for the 14-Apr-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. KPTI was recently trading at $10.83 and has an implied volatility of 120.47% for this period. Based on an analysis of the options available for KPTI expiring on 14-Apr-2022, there is a 34.18% likelihood that the underlying will close within the analyzed range of $6.88-$10.83 at expiration. In this scenario, the average linear return for the trade would be 71.72%. Big -24.69% Change: After closing the last trading session at $14.38, KARYOPHARM THERAPEUTICS INC. C opened today at $10.94 and has reached a low of $10.67. Trade approach: A movement as big as -24.69% is a significantly bearish indicator, so this trade is designed to be profitable if KPTI maintains its current direction and does not revert back to pricing on the bullish side of $10.83 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 KARYOPHARM THERAPEUTICS INC. C closes at or below $15.52 on 14-Apr-2022. Based on our risk-neutral analysis, there is a 78.66% 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.