Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for BEAM THERAPEUTICS INC. (BEAM) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BEAM was recently trading at $92.80 and has an implied volatility of 95.77% for this period. Based on an analysis of the options available for BEAM expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $72.49-$92.81 at expiration. In this scenario, the average linear return for the trade would be 56.20%. Big -9.46% Change: After closing the last trading session at $102.50, BEAM THERAPEUTICS INC. opened today at $102.36 and has reached a low of $92.45. Trade approach: A movement as big as -9.46% is a significantly bearish indicator, so this trade is designed to be profitable if BEAM maintains its current direction and does not revert back to pricing on the bullish side of $92.80 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 bearish strategy, the trade would be profitable if BEAM THERAPEUTICS INC. closes at or below $93.80 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 51.72% 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.