Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for FISKER INC. (FSR) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FSR was recently trading at $15.00 and has an implied volatility of 129.71% for this period. Based on an analysis of the options available for FSR expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $15.00-$18.25 at expiration. In this scenario, the average linear return for the trade would be 71.86%. Big 7.14% Change: After closing the last trading session at $14.00, FISKER INC. opened today at $14.45 and has reached a high of $15.25. Trade approach: A movement as big as 7.14% is a significantly bullish indicator, so this trade is designed to be profitable if FSR maintains its current direction and does not revert back to pricing on the bearish side of $15.00 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 FISKER INC. closes at or above $14.75 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 53.43% 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.