Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for CELSIUS HOLDINGS INC. COMMON STOCK (CELH) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CELH was recently trading at $62.43 and has an implied volatility of 85.97% for this period. Based on an analysis of the options available for CELH expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $47.60-$62.43 at expiration. In this scenario, the average linear return for the trade would be 64.89%. Big -14.16% Change: After closing the last trading session at $72.73, CELSIUS HOLDINGS INC. COMMON STOCK opened today at $63.15 and has reached a low of $61.01. Trade approach: A movement as big as -14.16% is a significantly bearish indicator, so this trade is designed to be profitable if CELH maintains its current direction and does not revert back to pricing on the bullish side of $62.43 on 16-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 bearish strategy, the trade would be profitable if CELSIUS HOLDINGS INC. COMMON STOCK closes at or below $63.65 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 52.83% 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.