Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SHAKE SHACK INC (SHAK) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SHAK was recently trading at $70.96 and has an implied volatility of 48.46% for this period. Based on an analysis of the options available for SHAK expiring on 21-Feb-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $71.08-$83.06 at expiration. In this scenario, the average linear return for the trade would be 71.93%. Big 10.70% Change: After closing the last trading session at $64.10, SHAKE SHACK INC opened today at $66.88 and has reached a high of $71.00. Trade approach: A movement as big as 10.70% is a significantly bullish indicator, so this trade is designed to be profitable if SHAK maintains its current direction and does not revert back to pricing on the bearish side of $70.96 on 21-Feb-2020. 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 SHAKE SHACK INC closes at or above $70.35 on 21-Feb-2020. Based on our risk-neutral analysis, there is a 52.65% 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.