Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for HEWLETT PACKARD ENTERPRISE CO (HPE) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. HPE was recently trading at $10.01 and has an implied volatility of 45.83% for this period. Based on an analysis of the options available for HPE expiring on 20-Nov-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $9.89-$12.36 at expiration. In this scenario, the average linear return for the trade would be 42.29%. Big 7.23% Change: After closing the last trading session at $9.33, HEWLETT PACKARD ENTERPRISE CO opened today at $10.10 and has reached a high of $10.28. Trade approach: A movement as big as 7.23% is a significantly bullish indicator, so this trade is designed to be profitable if HPE maintains its current direction and does not revert back to pricing on the bearish side of $10.01 on 20-Nov-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 HEWLETT PACKARD ENTERPRISE CO closes at or above $9.70 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 53.45% 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.