Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for CEL-SCI (CVM) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CVM was recently trading at $13.81 and has an implied volatility of 110.81% for this period. Based on an analysis of the options available for CVM expiring on 20-Nov-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $9.98-$13.81 at expiration. In this scenario, the average linear return for the trade would be 53.64%. Big -7.93% Change: After closing the last trading session at $15.00, CEL-SCI opened today at $14.90 and has reached a low of $13.81. Trade approach: A movement as big as -7.93% is a significantly bearish indicator, so this trade is designed to be profitable if CVM maintains its current direction and does not revert back to pricing on the bullish side of $13.81 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 CEL-SCI closes at or below $14.35 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 54.69% 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.