Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for SOUTHWESTERN ENERGY (SWN) for the 2-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SWN was recently trading at $3.15 and has an implied volatility of 77.48% for this period. Based on an analysis of the options available for SWN expiring on 2-Oct-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $3.16-$4.20 at expiration. In this scenario, the average linear return for the trade would be 49.08%. Big 8.04% Change: After closing the last trading session at $2.92, SOUTHWESTERN ENERGY opened today at $3.00 and has reached a high of $3.18. Trade approach: A movement as big as 8.04% is a significantly bullish indicator, so this trade is designed to be profitable if SWN maintains its current direction and does not revert back to pricing on the bearish side of $3.15 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 SOUTHWESTERN ENERGY closes at or above $3.12 on 2-Oct-2020. Based on our risk-neutral analysis, there is a 51.59% 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.