Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for HYATT HOTELS (H) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. H was recently trading at $55.73 and has an implied volatility of 53.89% for this period. Based on an analysis of the options available for H expiring on 16-Oct-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $55.75-$70.27 at expiration. In this scenario, the average linear return for the trade would be 70.17%. Big 9.01% Change: After closing the last trading session at $51.13, HYATT HOTELS opened today at $51.71 and has reached a high of $55.73. Trade approach: A movement as big as 9.01% 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 $55.73 on 16-Oct-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 $55.40 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 51.09% 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.