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Quantchabot has detected a promising Bear Call Spread trade opportunity for AASTROM BIOSCIENCES INC. COMM (VCEL) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

VCEL was recently trading at $35.56 and has an implied volatility of 65.63% for this period. Based on an analysis of the options available for VCEL expiring on 18-Feb-2022, there is a 34.13% likelihood that the underlying will close within the analyzed range of $28.84-$35.56 at expiration. In this scenario, the average linear return for the trade would be 14.73%.

Big -7.83% Change: After closing the last trading session at $38.58, AASTROM BIOSCIENCES INC. COMM opened today at $36.49 and has reached a low of $35.52.

Trade approach: A movement as big as -7.83% is a significantly bearish indicator, so this trade is designed to be profitable if VCEL maintains its current direction and does not revert back to pricing on the bullish side of $35.56 on 18-Feb-2022. 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 AASTROM BIOSCIENCES INC. COMM closes at or below $36.95 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 57.25% 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.