Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for ANHEUSER-BUSCH INBEV (BUD) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BUD was recently trading at $72.06 and has an implied volatility of 15.60% for this period. Based on an analysis of the options available for BUD expiring on 21-Feb-2020, there is a 34.20% likelihood that the underlying will close within the analyzed range of $71.69-$72.07 at expiration. In this scenario, the average linear return for the trade would be 33.42%. 52 week low: ANHEUSER-BUSCH INBEV recently reached a new 52-week low at $71.87. BUD had traded in the range $72.90-$102.70 over the past year. Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if BUD maintains its current direction and does not revert back to pricing on the bullish side of $72.06 on 21-Feb-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 ANHEUSER-BUSCH INBEV closes at or below $72.13 on 21-Feb-2020. Based on our risk-neutral analysis, there is a 56.79% 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.