Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for SYNEOS HEALTH INC. CLASS A COMMON STOCK (SYNH) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SYNH was recently trading at $76.85 and has an implied volatility of 52.67% for this period. Based on an analysis of the options available for SYNH expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $76.86-$88.04 at expiration. In this scenario, the average linear return for the trade would be 24.91%. 52 week high: SYNEOS HEALTH INC. CLASS A COMMON STOCK recently reached a new 52-week high at $78.72. SYNH had traded in the range $30.02-$78.29 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if SYNH maintains its current direction and does not revert back to pricing on the bearish side of $76.85 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 bullish strategy, the trade would be profitable if SYNEOS HEALTH INC. CLASS A COMMON STOCK closes at or above $75.45 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 55.41% 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.