Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for 3D SYSTEMS (DDD) for the 30-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DDD was recently trading at $8.07 and has an implied volatility of 77.65% for this period. Based on an analysis of the options available for DDD expiring on 30-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $8.07-$9.07 at expiration. In this scenario, the average linear return for the trade would be 38.82%. Big 7.31% Change: After closing the last trading session at $7.52, 3D SYSTEMS opened today at $7.56 and has reached a high of $8.13. Trade approach: A movement as big as 7.31% is a significantly bullish indicator, so this trade is designed to be profitable if DDD maintains its current direction and does not revert back to pricing on the bearish side of $8.07 on 30-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 3D SYSTEMS closes at or above $8.00 on 30-Oct-2020. Based on our risk-neutral analysis, there is a 52.97% 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.