Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for TRADEWEB MARKETS INC. CLASS A COMMON STOCK (TW) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TW was recently trading at $61.38 and has an implied volatility of 39.83% for this period. Based on an analysis of the options available for TW expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $61.32-$72.00 at expiration. In this scenario, the average linear return for the trade would be 56.00%. 52 week high: TRADEWEB MARKETS INC. CLASS A COMMON STOCK recently reached a new 52-week high at $62.69. TW had traded in the range $33.23-$61.60 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if TW maintains its current direction and does not revert back to pricing on the bearish side of $61.38 on 17-Jul-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 TRADEWEB MARKETS INC. CLASS A COMMON STOCK closes at or above $60.90 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 51.70% 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.