Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for CLOVER HEALTH INVESTMENTS CORP. CLASS A COMMON ST (CLOV) for the 30-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CLOV was recently trading at $13.05 and has an implied volatility of 155.45% for this period. Based on an analysis of the options available for CLOV expiring on 30-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $13.05-$21.61 at expiration. In this scenario, the average linear return for the trade would be 133.93%. Big 16.13% Change: After closing the last trading session at $11.24, CLOVER HEALTH INVESTMENTS CORP. CLASS A COMMON ST opened today at $11.79 and has reached a high of $13.65. Trade approach: A movement as big as 16.13% is a significantly bullish indicator, so this trade is designed to be profitable if CLOV maintains its current direction and does not revert back to pricing on the bearish side of $13.05 on 30-Jul-2021. 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 CLOVER HEALTH INVESTMENTS CORP. CLASS A COMMON ST closes at or above $12.45 on 30-Jul-2021. Based on our risk-neutral analysis, there is a 53.75% 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.