Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for AMC ENTERTAINMENT HOLDINGS INC (AMC) for the 6-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AMC was recently trading at $2.75 and has an implied volatility of 169.38% for this period. Based on an analysis of the options available for AMC expiring on 6-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $2.04-$2.76 at expiration. In this scenario, the average linear return for the trade would be 39.32%. Big -7.24% Change: After closing the last trading session at $2.97, AMC ENTERTAINMENT HOLDINGS INC opened today at $2.92 and has reached a low of $2.75. Trade approach: A movement as big as -7.24% is a significantly bearish indicator, so this trade is designed to be profitable if AMC maintains its current direction and does not revert back to pricing on the bullish side of $2.75 on 6-Nov-2020. 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 AMC ENTERTAINMENT HOLDINGS INC closes at or below $2.80 on 6-Nov-2020. Based on our risk-neutral analysis, there is a 52.16% 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.