Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for TWILIO INC (TWLO) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TWLO was recently trading at $302.62 and has an implied volatility of 51.66% for this period. Based on an analysis of the options available for TWLO expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $302.71-$380.94 at expiration. In this scenario, the average linear return for the trade would be 80.68%. Big 7.94% Change: After closing the last trading session at $280.37, TWILIO INC opened today at $293.49 and has reached a high of $303.51. Trade approach: A movement as big as 7.94% is a significantly bullish indicator, so this trade is designed to be profitable if TWLO maintains its current direction and does not revert back to pricing on the bearish side of $302.62 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 TWILIO INC closes at or above $300.80 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.10% 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.