Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for MASTERCARD (MA) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MA was recently trading at $342.98 and has an implied volatility of 27.92% for this period. Based on an analysis of the options available for MA expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $343.06-$386.77 at expiration. In this scenario, the average linear return for the trade would be 60.01%. Big 9.35% Change: After closing the last trading session at $313.64, MASTERCARD opened today at $346.92 and has reached a high of $357.00. Trade approach: A movement as big as 9.35% is a significantly bullish indicator, so this trade is designed to be profitable if MA maintains its current direction and does not revert back to pricing on the bearish side of $342.98 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 MASTERCARD closes at or above $342.05 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 50.98% 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.