Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for FUTU HOLDINGS LTD ADS (FUTU) for the 18-Mar-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FUTU was recently trading at $39.49 and has an implied volatility of 102.08% for this period. Based on an analysis of the options available for FUTU expiring on 18-Mar-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $39.49-$62.00 at expiration. In this scenario, the average linear return for the trade would be 130.85%. Big 9.42% Change: After closing the last trading session at $36.09, FUTU HOLDINGS LTD ADS opened today at $37.12 and has reached a high of $39.75. Trade approach: A movement as big as 9.42% is a significantly bullish indicator, so this trade is designed to be profitable if FUTU maintains its current direction and does not revert back to pricing on the bearish side of $39.49 on 18-Mar-2022. If possible, the trade has been padded such that slight movement against the trade would still return a profit. Upside potential: Using this bullish strategy, the trade would be profitable if FUTU HOLDINGS LTD ADS closes at or above $37.65 on 18-Mar-2022. Based on our risk-neutral analysis, there is a 54.22% 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.