Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for OFFERPAD SOLUTIONS INC (OPAD) for the 17-Sep-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. OPAD was recently trading at $16.20 and has an implied volatility of 269.29% for this period. Based on an analysis of the options available for OPAD expiring on 17-Sep-2021, there is a 34.23% likelihood that the underlying will close within the analyzed range of $14.83-$16.20 at expiration. In this scenario, the average linear return for the trade would be 25.10%. Big -18.88% Change: After closing the last trading session at $19.97, OFFERPAD SOLUTIONS INC opened today at $16.23 and has reached a low of $15.23. Trade approach: A movement as big as -18.88% is a significantly bearish indicator, so this trade is designed to be profitable if OPAD maintains its current direction and does not revert back to pricing on the bullish side of $16.20 on 17-Sep-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 OFFERPAD SOLUTIONS INC closes at or below $16.40 on 17-Sep-2021. Based on our risk-neutral analysis, there is a 55.54% 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.