Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for MAXAR TECHNOLOGIES INC (MAXR) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MAXR was recently trading at $25.59 and has an implied volatility of 77.29% for this period. Based on an analysis of the options available for MAXR expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $25.59-$33.49 at expiration. In this scenario, the average linear return for the trade would be 69.03%. Big 8.76% Change: After closing the last trading session at $23.53, MAXAR TECHNOLOGIES INC opened today at $24.15 and has reached a high of $25.69. Trade approach: A movement as big as 8.76% is a significantly bullish indicator, so this trade is designed to be profitable if MAXR maintains its current direction and does not revert back to pricing on the bearish side of $25.59 on 16-Oct-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 MAXAR TECHNOLOGIES INC closes at or above $24.75 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 54.91% 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.