Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for BROOKS AUTOMATION (BRKS) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BRKS was recently trading at $68.43 and has an implied volatility of 43.76% for this period. Based on an analysis of the options available for BRKS expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $68.35-$82.24 at expiration. In this scenario, the average linear return for the trade would be 45.20%. Big 15.14% Change: After closing the last trading session at $59.43, BROOKS AUTOMATION opened today at $66.99 and has reached a high of $72.29. Trade approach: A movement as big as 15.14% is a significantly bullish indicator, so this trade is designed to be profitable if BRKS maintains its current direction and does not revert back to pricing on the bearish side of $68.43 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 BROOKS AUTOMATION closes at or above $68.20 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 50.46% 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.