Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for ATRICURE (ATRC) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ATRC was recently trading at $45.32 and has an implied volatility of 51.02% for this period. Based on an analysis of the options available for ATRC expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $45.34-$56.72 at expiration. In this scenario, the average linear return for the trade would be 22.38%. 52 week high: ATRICURE recently reached a new 52-week high at $45.38. ATRC had traded in the range $22.57-$44.51 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if ATRC maintains its current direction and does not revert back to pricing on the bearish side of $45.32 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 bullish strategy, the trade would be profitable if ATRICURE closes at or above $44.05 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 55.13% 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.