Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for JD.COM INC (JD) for the 7-Aug-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. JD was recently trading at $65.81 and has an implied volatility of 45.45% for this period. Based on an analysis of the options available for JD expiring on 7-Aug-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $65.82-$75.02 at expiration. In this scenario, the average linear return for the trade would be 81.09%. 52 week high: JD.COM INC recently reached a new 52-week high at $65.85. JD had traded in the range $25.77-$62.42 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 JD maintains its current direction and does not revert back to pricing on the bearish side of $65.81 on 7-Aug-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 JD.COM INC closes at or above $65.58 on 7-Aug-2020. Based on our risk-neutral analysis, there is a 51.11% 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.