Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Put Spread trade opportunity for BEAZER HOMES USA (BZH) for the 20-Mar-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BZH was recently trading at $14.26 and has an implied volatility of 40.65% for this period. Based on an analysis of the options available for BZH expiring on 20-Mar-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $12.38-$14.29 at expiration. In this scenario, the average linear return for the trade would be 39.58%. Big -17.14% Change: After closing the last trading session at $17.21, BEAZER HOMES USA opened today at $15.91 and has reached a low of $14.25. Trade approach: A movement as big as -17.14% is a significantly bearish indicator, so this trade is designed to be profitable if BZH maintains its current direction and does not revert back to pricing on the bullish side of $14.26 on 20-Mar-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 BEAZER HOMES USA closes at or below $14.30 on 20-Mar-2020. Based on our risk-neutral analysis, there is a 50.15% 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.