Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Put Spread trade opportunity for INMODE LTD. ORDINARY SHARES (INMD) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. INMD was recently trading at $64.95 and has an implied volatility of 63.60% for this period. Based on an analysis of the options available for INMD expiring on 18-Feb-2022, there is a 34.13% likelihood that the underlying will close within the analyzed range of $51.80-$64.96 at expiration. In this scenario, the average linear return for the trade would be 57.53%. Big -7.98% Change: After closing the last trading session at $70.58, INMODE LTD. ORDINARY SHARES opened today at $70.82 and has reached a low of $64.65. Trade approach: A movement as big as -7.98% is a significantly bearish indicator, so this trade is designed to be profitable if INMD maintains its current direction and does not revert back to pricing on the bullish side of $64.95 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 INMODE LTD. ORDINARY SHARES closes at or below $65.40 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 51.19% 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.