Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for T-MOBILE US INC. COMMON STOCK (TMUS) for the 28-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TMUS was recently trading at $104.31 and has an implied volatility of 32.23% for this period. Based on an analysis of the options available for TMUS expiring on 28-Jan-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $99.65-$104.31 at expiration. In this scenario, the average linear return for the trade would be 59.57%. 52 week low: T-MOBILE US INC. COMMON STOCK recently reached a new 52-week low at $103.81. TMUS had traded in the range $104.10-$150.20 over the past year. Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if TMUS maintains its current direction and does not revert back to pricing on the bullish side of $104.31 on 28-Jan-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 T-MOBILE US INC. COMMON STOCK closes at or below $104.42 on 28-Jan-2022. Based on our risk-neutral analysis, there is a 50.91% 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.