Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for SABRE CORPORATION COMMON STOCK (SABR) for the 30-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SABR was recently trading at $14.15 and has an implied volatility of 56.13% for this period. Based on an analysis of the options available for SABR expiring on 30-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $12.88-$14.16 at expiration. In this scenario, the average linear return for the trade would be 57.18%. Big -8.02% Change: After closing the last trading session at $15.39, SABRE CORPORATION COMMON STOCK opened today at $15.16 and has reached a low of $13.91. Trade approach: A movement as big as -8.02% is a significantly bearish indicator, so this trade is designed to be profitable if SABR maintains its current direction and does not revert back to pricing on the bullish side of $14.15 on 30-Apr-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 SABRE CORPORATION COMMON STOCK closes at or below $14.37 on 30-Apr-2021. Based on our risk-neutral analysis, there is a 56.34% 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.