Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Synthetic Short Stock trade opportunity for LEJU HOLDINGS LTD (LEJU) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LEJU was recently trading at $2.55 and has an implied volatility of 144.40% for this period. Based on an analysis of the options available for LEJU expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $1.74-$2.55 at expiration. In this scenario, the average linear return for the trade would be 58.21%. Big -10.52% Change: After closing the last trading session at $2.85, LEJU HOLDINGS LTD opened today at $3.05 and has reached a low of $2.49. Trade approach: A movement as big as -10.52% is a significantly bearish indicator, so this trade is designed to be profitable if LEJU maintains its current direction and does not revert back to pricing on the bullish side of $2.55 on 20-Nov-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 LEJU HOLDINGS LTD closes at or below $2.65 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 54.01% 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.