Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for LHC GROUP (LHCG) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LHCG was recently trading at $186.12 and has an implied volatility of 31.58% for this period. Based on an analysis of the options available for LHCG expiring on 17-Jul-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $186.12-$189.56 at expiration. In this scenario, the average linear return for the trade would be 12.36%. 52 week high: LHC GROUP recently reached a new 52-week high at $186.40. LHCG had traded in the range $100.00-$185.53 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 LHCG maintains its current direction and does not revert back to pricing on the bearish side of $186.12 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 LHC GROUP closes at or above $184.45 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 68.87% 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.