Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for KINGSOFT CLOUD HOLDINGS LIMITED AMERICAN DEPOSITAR (KC) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. KC was recently trading at $45.99 and has an implied volatility of 71.41% for this period. Based on an analysis of the options available for KC expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $46.00-$57.44 at expiration. In this scenario, the average linear return for the trade would be 71.74%. 52 week high: KINGSOFT CLOUD HOLDINGS LIMITED AMERICAN DEPOSITAR recently reached a new 52-week high at $46.32. KC had traded in the range $17.01-$45.44 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 KC maintains its current direction and does not revert back to pricing on the bearish side of $45.99 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 KINGSOFT CLOUD HOLDINGS LIMITED AMERICAN DEPOSITAR closes at or above $45.30 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 52.74% 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.