Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SERES THERAPEUTICS INC. COMMON STOCK (MCRB) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MCRB was recently trading at $28.71 and has an implied volatility of 88.28% for this period. Based on an analysis of the options available for MCRB expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $28.71-$34.80 at expiration. In this scenario, the average linear return for the trade would be 50.66%. Big 7.17% Change: After closing the last trading session at $26.79, SERES THERAPEUTICS INC. COMMON STOCK opened today at $26.90 and has reached a high of $28.88. Trade approach: A movement as big as 7.17% is a significantly bullish indicator, so this trade is designed to be profitable if MCRB maintains its current direction and does not revert back to pricing on the bearish side of $28.71 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 SERES THERAPEUTICS INC. COMMON STOCK closes at or above $28.20 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 53.73% 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.