Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for TUPPERWARE BRANDS (TUP) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TUP was recently trading at $33.51 and has an implied volatility of 87.11% for this period. Based on an analysis of the options available for TUP expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $33.52-$47.62 at expiration. In this scenario, the average linear return for the trade would be 88.57%. Big 8.66% Change: After closing the last trading session at $30.84, TUPPERWARE BRANDS opened today at $31.41 and has reached a high of $33.84. Trade approach: A movement as big as 8.66% is a significantly bullish indicator, so this trade is designed to be profitable if TUP maintains its current direction and does not revert back to pricing on the bearish side of $33.51 on 15-Jan-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 TUPPERWARE BRANDS closes at or above $32.95 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.94% 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.