Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for FACEBOOK (FB) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FB was recently trading at $285.53 and has an implied volatility of 37.27% for this period. Based on an analysis of the options available for FB expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $285.61-$337.14 at expiration. In this scenario, the average linear return for the trade would be 66.53%. Big 7.63% Change: After closing the last trading session at $265.30, FACEBOOK opened today at $281.00 and has reached a high of $286.73. Trade approach: A movement as big as 7.63% is a significantly bullish indicator, so this trade is designed to be profitable if FB maintains its current direction and does not revert back to pricing on the bearish side of $285.53 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 FACEBOOK closes at or above $283.85 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.49% 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.