Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for MARRIOT INTERNATIONAL CLASS A (MAR) for the 1-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MAR was recently trading at $77.25 and has an implied volatility of 105.92% for this period. Based on an analysis of the options available for MAR expiring on 1-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $77.30-$101.57 at expiration. In this scenario, the average linear return for the trade would be 68.31%. Big 9.43% Change: After closing the last trading session at $70.59, MARRIOT INTERNATIONAL CLASS A opened today at $78.31 and has reached a high of $81.98. Trade approach: A movement as big as 9.43% is a significantly bullish indicator, so this trade is designed to be profitable if MAR maintains its current direction and does not revert back to pricing on the bearish side of $77.25 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 MARRIOT INTERNATIONAL CLASS A closes at or above $76.25 on 1-May-2020. Based on our risk-neutral analysis, there is a 52.00% 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.