Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SUNRUN INC. COMMON STOCK (RUN) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RUN was recently trading at $32.66 and has an implied volatility of 83.08% for this period. Based on an analysis of the options available for RUN expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $32.66-$35.73 at expiration. In this scenario, the average linear return for the trade would be 60.36%. Big 13.07% Change: After closing the last trading session at $28.89, SUNRUN INC. COMMON STOCK opened today at $29.23 and has reached a high of $33.27. Trade approach: A movement as big as 13.07% is a significantly bullish indicator, so this trade is designed to be profitable if RUN maintains its current direction and does not revert back to pricing on the bearish side of $32.66 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 SUNRUN INC. COMMON STOCK closes at or above $32.65 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 50.15% 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.