Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Put Spread trade opportunity for SCHWAB U.S. DIVIDEND EQUITY ET (SCHD) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SCHD was recently trading at $81.71 and has an implied volatility of 12.71% for this period. Based on an analysis of the options available for SCHD expiring on 18-Feb-2022, there is a 34.09% likelihood that the underlying will close within the analyzed range of $78.61-$81.71 at expiration. In this scenario, the average linear return for the trade would be 73.06%. Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, SCHWAB U.S. DIVIDEND EQUITY ET was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying. Trade approach: The recent sentiment change in SCHD on StockTwits appears to be moderately negative, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bearish strategy could prove effective if the sentiment ultimately turns out to drive trading. Upside potential: Using this bearish strategy, the trade would be profitable if SCHWAB U.S. DIVIDEND EQUITY ET closed at or below $81.90 on 18-Feb-2022. Based on our analysis, there is a 52.34% 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.