Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for UNITEDHEALTH GROUP (UNH) for the 9-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. UNH was recently trading at $323.31 and has an implied volatility of 23.43% for this period. Based on an analysis of the options available for UNH expiring on 9-Oct-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $323.32-$328.03 at expiration. In this scenario, the average linear return for the trade would be 47.36%. 52 week high: UNITEDHEALTH GROUP recently reached a new 52-week high at $325.35. UNH had traded in the range $187.72-$324.57 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if UNH maintains its current direction and does not revert back to pricing on the bearish side of $323.31 on 9-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 UNITEDHEALTH GROUP closes at or above $323.15 on 9-Oct-2020. Based on our risk-neutral analysis, there is a 51.42% 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.