Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for AASTROM BIOSCIENCES INC. COMM (VCEL) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. VCEL was recently trading at $52.61 and has an implied volatility of 49.34% for this period. Based on an analysis of the options available for VCEL expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $47.40-$52.61 at expiration. In this scenario, the average linear return for the trade would be 13.64%. Big -8.93% Change: After closing the last trading session at $57.77, AASTROM BIOSCIENCES INC. COMM opened today at $57.19 and has reached a low of $52.56. Trade approach: A movement as big as -8.93% 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 $52.61 on 16-Jul-2021. 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 $55.60 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 70.17% 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.