Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for CITIGROUP (C) for the 26-Jun-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. C was recently trading at $45.20 and has an implied volatility of 54.26% for this period. Based on an analysis of the options available for C expiring on 26-Jun-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $45.20-$54.01 at expiration. In this scenario, the average linear return for the trade would be 64.41%. Big 7.81% Change: After closing the last trading session at $41.92, CITIGROUP opened today at $44.05 and has reached a high of $45.20. Trade approach: A movement as big as 7.81% is a significantly bullish indicator, so this trade is designed to be profitable if C maintains its current direction and does not revert back to pricing on the bearish side of $45.20 on 26-Jun-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 CITIGROUP closes at or above $44.99 on 26-Jun-2020. Based on our risk-neutral analysis, there is a 51.07% 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.