Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for PINTEREST INC (PINS) for the 22-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PINS was recently trading at $71.23 and has an implied volatility of 58.29% for this period. Based on an analysis of the options available for PINS expiring on 22-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $71.24-$87.29 at expiration. In this scenario, the average linear return for the trade would be 80.00%. 52 week high: PINTEREST INC recently reached a new 52-week high at $72.72. PINS had traded in the range $10.10-$71.37 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if PINS maintains its current direction and does not revert back to pricing on the bearish side of $71.23 on 22-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 PINTEREST INC closes at or above $70.90 on 22-Jan-2021. Based on our risk-neutral analysis, there is a 50.95% 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.