Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for FOCUS FINANCIAL PARTNERS INC. CLASS A COMMON STOCK (FOCS) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FOCS was recently trading at $49.70 and has an implied volatility of 32.90% for this period. Based on an analysis of the options available for FOCS expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $45.65-$49.70 at expiration. In this scenario, the average linear return for the trade would be 25.00%. Big -8.63% Change: After closing the last trading session at $54.39, FOCUS FINANCIAL PARTNERS INC. CLASS A COMMON STOCK opened today at $49.72 and has reached a low of $49.42. Trade approach: A movement as big as -8.63% is a significantly bearish indicator, so this trade is designed to be profitable if FOCS maintains its current direction and does not revert back to pricing on the bullish side of $49.70 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 FOCUS FINANCIAL PARTNERS INC. CLASS A COMMON STOCK closes at or below $51.00 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 61.95% 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.