Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for LAS VEGAS SANDS (LVS) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LVS was recently trading at $49.24 and has an implied volatility of 51.32% for this period. Based on an analysis of the options available for LVS expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $49.26-$63.13 at expiration. In this scenario, the average linear return for the trade would be 74.77%. Big 7.18% Change: After closing the last trading session at $45.94, LAS VEGAS SANDS opened today at $49.19 and has reached a high of $49.75. Trade approach: A movement as big as 7.18% is a significantly bullish indicator, so this trade is designed to be profitable if LVS maintains its current direction and does not revert back to pricing on the bearish side of $49.24 on 15-Jan-2021. 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 LAS VEGAS SANDS closes at or above $49.00 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 50.84% 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.