Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for JFROG LTD. ORDINARY SHARES (FROG) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FROG was recently trading at $72.90 and has an implied volatility of 91.83% for this period. Based on an analysis of the options available for FROG expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $72.91-$98.57 at expiration. In this scenario, the average linear return for the trade would be 121.42%. Big 7.02% Change: After closing the last trading session at $68.12, JFROG LTD. ORDINARY SHARES opened today at $68.89 and has reached a high of $72.98. Trade approach: A movement as big as 7.02% is a significantly bullish indicator, so this trade is designed to be profitable if FROG maintains its current direction and does not revert back to pricing on the bearish side of $72.90 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 JFROG LTD. ORDINARY SHARES closes at or above $72.20 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.30% 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.