Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for EHEALTH (EHTH) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. EHTH was recently trading at $50.73 and has an implied volatility of 91.50% for this period. Based on an analysis of the options available for EHTH expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $40.68-$50.73 at expiration. In this scenario, the average linear return for the trade would be 55.48%. 52 week low: EHEALTH recently reached a new 52-week low at $50.34. EHTH had traded in the range $60.40-$152.19 over the past year. Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if EHTH maintains its current direction and does not revert back to pricing on the bullish side of $50.73 on 19-Feb-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 EHEALTH closes at or below $51.80 on 19-Feb-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.