Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for ISHARES IBOXX $ HIGH YIELD COR (HYG) for the 25-Jun-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. HYG was recently trading at $87.50 and has an implied volatility of 5.53% for this period. Based on an analysis of the options available for HYG expiring on 25-Jun-2021, there is a 34.28% likelihood that the underlying will close within the analyzed range of $86.66-$87.50 at expiration. In this scenario, the average linear return for the trade would be 112.88%. Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, ISHARES IBOXX $ HIGH YIELD COR was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying. Trade approach: The recent sentiment change in HYG on StockTwits appears to be moderately negative, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bearish strategy could prove effective if the sentiment ultimately turns out to drive trading. Upside potential: Using this bearish strategy, the trade would be profitable if ISHARES IBOXX $ HIGH YIELD COR closed at or below $87.61 on 25-Jun-2021. Based on our analysis, there is a 55.07% 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.