Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for DOCUSIGN INC. COMMON STOCK (DOCU) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DOCU was recently trading at $139.72 and has an implied volatility of 60.34% for this period. Based on an analysis of the options available for DOCU expiring on 18-Feb-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $105.85-$139.75 at expiration. In this scenario, the average linear return for the trade would be 58.35%. 52 week low: DOCUSIGN INC. COMMON STOCK recently reached a new 52-week low at $138.01. DOCU had traded in the range $179.49-$314.76 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 DOCU maintains its current direction and does not revert back to pricing on the bullish side of $139.72 on 18-Feb-2022. 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 DOCUSIGN INC. COMMON STOCK closes at or below $142.15 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 52.45% 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.