Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for TG THERAPEUTICS (TGTX) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TGTX was recently trading at $30.82 and has an implied volatility of 79.32% for this period. Based on an analysis of the options available for TGTX expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $30.83-$34.98 at expiration. In this scenario, the average linear return for the trade would be 51.68%. Big 7.44% Change: After closing the last trading session at $28.69, TG THERAPEUTICS opened today at $29.39 and has reached a high of $30.96. Trade approach: A movement as big as 7.44% is a significantly bullish indicator, so this trade is designed to be profitable if TGTX maintains its current direction and does not revert back to pricing on the bearish side of $30.82 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 TG THERAPEUTICS closes at or above $30.50 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 53.35% 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.