Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for PLANET LABS PBC (PL) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PL was recently trading at $6.37 and has an implied volatility of 108.38% for this period. Based on an analysis of the options available for PL expiring on 18-Feb-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $6.37-$9.01 at expiration. In this scenario, the average linear return for the trade would be 79.39%. Big 12.90% Change: After closing the last trading session at $5.64, PLANET LABS PBC opened today at $6.05 and has reached a high of $6.47. Trade approach: A movement as big as 12.90% is a significantly bullish indicator, so this trade is designed to be profitable if PL maintains its current direction and does not revert back to pricing on the bearish side of $6.37 on 18-Feb-2022. 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 PLANET LABS PBC closes at or above $6.05 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 55.87% 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.