Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for PLUG POWER (PLUG) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PLUG was recently trading at $25.14 and has an implied volatility of 84.23% for this period. Based on an analysis of the options available for PLUG expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $25.15-$35.41 at expiration. In this scenario, the average linear return for the trade would be 94.10%. Big 7.32% Change: After closing the last trading session at $23.43, PLUG POWER opened today at $23.65 and has reached a high of $25.25. Trade approach: A movement as big as 7.32% is a significantly bullish indicator, so this trade is designed to be profitable if PLUG maintains its current direction and does not revert back to pricing on the bearish side of $25.14 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 PLUG POWER closes at or above $24.87 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.31% 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.