Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for GENERAL MOTORS (GM) for the 1-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GM was recently trading at $23.03 and has an implied volatility of 78.94% for this period. Based on an analysis of the options available for GM expiring on 1-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $23.04-$28.13 at expiration. In this scenario, the average linear return for the trade would be 48.88%. Big 8.12% Change: After closing the last trading session at $21.30, GENERAL MOTORS opened today at $21.74 and has reached a high of $23.04. Trade approach: A movement as big as 8.12% is a significantly bullish indicator, so this trade is designed to be profitable if GM maintains its current direction and does not revert back to pricing on the bearish side of $23.03 on 1-May-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 GENERAL MOTORS closes at or above $22.80 on 1-May-2020. Based on our risk-neutral analysis, there is a 52.13% 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.