Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for WELLTOWER INC (WELL) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. WELL was recently trading at $46.16 and has an implied volatility of 75.58% for this period. Based on an analysis of the options available for WELL expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $46.17-$52.40 at expiration. In this scenario, the average linear return for the trade would be 19.97%. Big 8.59% Change: After closing the last trading session at $42.51, WELLTOWER INC opened today at $44.79 and has reached a high of $48.21. Trade approach: A movement as big as 8.59% is a significantly bullish indicator, so this trade is designed to be profitable if WELL maintains its current direction and does not revert back to pricing on the bearish side of $46.16 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 WELLTOWER INC closes at or above $46.10 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 50.50% 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.