Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for CUREVAC N.V. (CVAC) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CVAC was recently trading at $70.80 and has an implied volatility of 133.25% for this period. Based on an analysis of the options available for CVAC expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $70.80-$86.61 at expiration. In this scenario, the average linear return for the trade would be 61.82%. Big 14.30% Change: After closing the last trading session at $61.94, CUREVAC N.V. opened today at $64.80 and has reached a high of $71.97. Trade approach: A movement as big as 14.30% is a significantly bullish indicator, so this trade is designed to be profitable if CVAC maintains its current direction and does not revert back to pricing on the bearish side of $70.80 on 20-Nov-2020. 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 CUREVAC N.V. closes at or above $70.35 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 51.27% 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.