Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for PLUG POWER (PLUG) for the 2-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PLUG was recently trading at $11.56 and has an implied volatility of 97.56% for this period. Based on an analysis of the options available for PLUG expiring on 2-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $11.56-$16.61 at expiration. In this scenario, the average linear return for the trade would be 79.92%. Big 8.71% Change: After closing the last trading session at $10.63, PLUG POWER opened today at $11.17 and has reached a high of $11.57. Trade approach: A movement as big as 8.71% is a significantly bullish indicator, so this trade is designed to be profitable if PLUG maintains its current direction and does not revert back to pricing on the bearish side of $11.56 on 2-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 PLUG POWER closes at or above $11.51 on 2-Oct-2020. Based on our risk-neutral analysis, there is a 50.47% 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.