Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for AERCAP HOLDINGS NV (AER) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AER was recently trading at $22.93 and has an implied volatility of 82.79% for this period. Based on an analysis of the options available for AER expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $16.20-$22.94 at expiration. In this scenario, the average linear return for the trade would be 77.34%. Big -8.22% Change: After closing the last trading session at $24.99, AERCAP HOLDINGS NV opened today at $23.76 and has reached a low of $22.66. Trade approach: A movement as big as -8.22% is a significantly bearish indicator, so this trade is designed to be profitable if AER maintains its current direction and does not revert back to pricing on the bullish side of $22.93 on 17-Jul-2020. 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 AERCAP HOLDINGS NV closes at or below $23.55 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 53.00% 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.