Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for MATCH GROUP (MTCH) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MTCH was recently trading at $137.40 and has an implied volatility of 41.20% for this period. Based on an analysis of the options available for MTCH expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $137.44-$164.89 at expiration. In this scenario, the average linear return for the trade would be 52.90%. 52 week high: MATCH GROUP recently reached a new 52-week high at $138.50. MTCH had traded in the range $44.74-$127.42 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if MTCH maintains its current direction and does not revert back to pricing on the bearish side of $137.40 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 MATCH GROUP closes at or above $137.20 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 50.38% 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.