Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for ROCKET COMPANIES INC (RKT) for the 22-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RKT was recently trading at $21.65 and has an implied volatility of 77.92% for this period. Based on an analysis of the options available for RKT expiring on 22-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $21.65-$28.41 at expiration. In this scenario, the average linear return for the trade would be 111.22%. Big 7.13% Change: After closing the last trading session at $20.21, ROCKET COMPANIES INC opened today at $20.92 and has reached a high of $21.97. Trade approach: A movement as big as 7.13% is a significantly bullish indicator, so this trade is designed to be profitable if RKT maintains its current direction and does not revert back to pricing on the bearish side of $21.65 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 ROCKET COMPANIES INC closes at or above $21.64 on 22-Jan-2021. Based on our risk-neutral analysis, there is a 50.09% 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.