Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for BEYOND MEAT INC. COMMON STOCK (BYND) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BYND was recently trading at $135.51 and has an implied volatility of 66.41% for this period. Based on an analysis of the options available for BYND expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $135.54-$173.47 at expiration. In this scenario, the average linear return for the trade would be 92.61%. Big 7.96% Change: After closing the last trading session at $125.52, BEYOND MEAT INC. COMMON STOCK opened today at $129.50 and has reached a high of $137.37. Trade approach: A movement as big as 7.96% is a significantly bullish indicator, so this trade is designed to be profitable if BYND maintains its current direction and does not revert back to pricing on the bearish side of $135.51 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 BEYOND MEAT INC. COMMON STOCK closes at or above $135.00 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 50.65% 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.