Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for OCEANEERING INTERNATIONAL (OII) for the 15-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. OII was recently trading at $14.21 and has an implied volatility of 67.79% for this period. Based on an analysis of the options available for OII expiring on 15-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $14.22-$19.31 at expiration. In this scenario, the average linear return for the trade would be 49.77%. Big 7.20% Change: After closing the last trading session at $13.26, OCEANEERING INTERNATIONAL opened today at $13.41 and has reached a high of $14.30. Trade approach: A movement as big as 7.20% is a significantly bullish indicator, so this trade is designed to be profitable if OII maintains its current direction and does not revert back to pricing on the bearish side of $14.21 on 15-Oct-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 OCEANEERING INTERNATIONAL closes at or above $13.40 on 15-Oct-2021. Based on our risk-neutral analysis, there is a 57.67% 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.