Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for VAXART INC (VXRT) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. VXRT was recently trading at $14.42 and has an implied volatility of 355.48% for this period. Based on an analysis of the options available for VXRT expiring on 17-Jul-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $14.42-$20.32 at expiration. In this scenario, the average linear return for the trade would be 134.02%. Big 18.99% Change: After closing the last trading session at $12.12, VAXART INC opened today at $13.17 and has reached a high of $16.40. Trade approach: A movement as big as 18.99% is a significantly bullish indicator, so this trade is designed to be profitable if VXRT maintains its current direction and does not revert back to pricing on the bearish side of $14.42 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 VAXART INC closes at or above $13.55 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 57.22% 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.