Big Loser Alert: Trading today’s -7.5% move in ROBERT HALF INTERNATIONAL $RHI

Quantchabot has detected a promising Bear Call Spread trade opportunity for ROBERT HALF INTERNATIONAL (RHI) for the 15-Jul-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RHI was recently trading at $74.07 and has an implied volatility of 44.42% for this period. Based on an analysis of the options available for RHI expiring on 15-Jul-2022, there is a 34.23% likelihood that the underlying will close within the analyzed range of $66.34-$74.12 at expiration. In this scenario, the average linear return for the trade would be 24.21%.

Big -7.54% Change: After closing the last trading session at $80.11, ROBERT HALF INTERNATIONAL opened today at $76.84 and has reached a low of $73.39.

Trade approach: A movement as big as -7.54% is a significantly bearish indicator, so this trade is designed to be profitable if RHI maintains its current direction and does not revert back to pricing on the bullish side of $74.07 on 15-Jul-2022. 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 ROBERT HALF INTERNATIONAL closes at or below $74.85 on 15-Jul-2022. Based on our risk-neutral analysis, there is a 53.56% 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.