Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for BOEING (BA) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BA was recently trading at $136.11 and has an implied volatility of 110.82% for this period. Based on an analysis of the options available for BA expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $136.15-$165.53 at expiration. In this scenario, the average linear return for the trade would be 69.42%. Big 9.31% Change: After closing the last trading session at $124.52, BOEING opened today at $133.70 and has reached a high of $137.67. Trade approach: A movement as big as 9.31% is a significantly bullish indicator, so this trade is designed to be profitable if BA maintains its current direction and does not revert back to pricing on the bearish side of $136.11 on 17-Apr-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 BOEING closes at or above $135.70 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 50.68% 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.