Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for HILTON WORLDWIDE HOLDINGS INC (HLT) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. HLT was recently trading at $79.13 and has an implied volatility of 57.34% for this period. Based on an analysis of the options available for HLT expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $79.13-$82.87 at expiration. In this scenario, the average linear return for the trade would be 63.86%. Big 7.65% Change: After closing the last trading session at $73.51, HILTON WORLDWIDE HOLDINGS INC opened today at $76.60 and has reached a high of $79.49. Trade approach: A movement as big as 7.65% is a significantly bullish indicator, so this trade is designed to be profitable if HLT maintains its current direction and does not revert back to pricing on the bearish side of $79.13 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 HILTON WORLDWIDE HOLDINGS INC closes at or above $78.95 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 51.98% 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.