Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for HYATT HOTELS (H) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. H was recently trading at $52.85 and has an implied volatility of 64.12% for this period. Based on an analysis of the options available for H expiring on 17-Jul-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $52.85-$55.63 at expiration. In this scenario, the average linear return for the trade would be 15.41%. Big 7.24% Change: After closing the last trading session at $49.28, HYATT HOTELS opened today at $51.93 and has reached a high of $53.69. Trade approach: A movement as big as 7.24% is a significantly bullish indicator, so this trade is designed to be profitable if H maintains its current direction and does not revert back to pricing on the bearish side of $52.85 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 HYATT HOTELS closes at or above $52.85 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 50.01% 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.