Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for FIDELITY NATIONAL INFO (FIS) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FIS was recently trading at $144.00 and has an implied volatility of 26.51% for this period. Based on an analysis of the options available for FIS expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $143.68-$160.99 at expiration. In this scenario, the average linear return for the trade would be 44.08%. Big 8.16% Change: After closing the last trading session at $133.14, FIDELITY NATIONAL INFO opened today at $141.37 and has reached a high of $146.04. Trade approach: A movement as big as 8.16% is a significantly bullish indicator, so this trade is designed to be profitable if FIS maintains its current direction and does not revert back to pricing on the bearish side of $144.00 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 FIDELITY NATIONAL INFO closes at or above $142.90 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.92% 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.