Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for JD.COM INC (JD) for the 6-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. JD was recently trading at $88.66 and has an implied volatility of 53.23% for this period. Based on an analysis of the options available for JD expiring on 6-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $88.66-$92.53 at expiration. In this scenario, the average linear return for the trade would be 68.04%. Big 7.22% Change: After closing the last trading session at $82.69, JD.COM INC opened today at $86.70 and has reached a high of $89.08. Trade approach: A movement as big as 7.22% is a significantly bullish indicator, so this trade is designed to be profitable if JD maintains its current direction and does not revert back to pricing on the bearish side of $88.66 on 6-Nov-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 JD.COM INC closes at or above $88.62 on 6-Nov-2020. Based on our risk-neutral analysis, there is a 50.43% 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.