Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for 3D SYSTEMS (DDD) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DDD was recently trading at $29.30 and has an implied volatility of 125.20% for this period. Based on an analysis of the options available for DDD expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $19.86-$29.30 at expiration. In this scenario, the average linear return for the trade would be 92.00%. Big -8.47% Change: After closing the last trading session at $32.01, 3D SYSTEMS opened today at $28.27 and has reached a low of $28.23. Trade approach: A movement as big as -8.47% is a significantly bearish indicator, so this trade is designed to be profitable if DDD maintains its current direction and does not revert back to pricing on the bullish side of $29.30 on 19-Feb-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 3D SYSTEMS closes at or below $31.00 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 55.75% 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.