Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Secured Put trade opportunity for CBDMD INC (YCBD) for the 17-Dec-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. YCBD was recently trading at $1.90 and has an implied volatility of 90.63% for this period. Based on an analysis of the options available for YCBD expiring on 17-Dec-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $1.90-$2.77 at expiration. In this scenario, the average linear return for the trade would be 21.25%. Big 8.57% Change: After closing the last trading session at $1.75, CBDMD INC opened today at $1.78 and has reached a high of $2.01. Trade approach: A movement as big as 8.57% is a significantly bullish indicator, so this trade is designed to be profitable if YCBD maintains its current direction and does not revert back to pricing on the bearish side of $1.90 on 17-Dec-2021. 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 CBDMD INC closes at or above $1.85 on 17-Dec-2021. Based on our risk-neutral analysis, there is a 52.83% 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.