Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for INMODE LTD. ORDINARY SHARES (INMD) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. INMD was recently trading at $43.68 and has an implied volatility of 68.06% for this period. Based on an analysis of the options available for INMD expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $43.68-$46.63 at expiration. In this scenario, the average linear return for the trade would be 40.79%. Big 11.63% Change: After closing the last trading session at $39.13, INMODE LTD. ORDINARY SHARES opened today at $42.88 and has reached a high of $44.85. Trade approach: A movement as big as 11.63% is a significantly bullish indicator, so this trade is designed to be profitable if INMD maintains its current direction and does not revert back to pricing on the bearish side of $43.68 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 INMODE LTD. ORDINARY SHARES closes at or above $43.30 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 55.33% 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.