Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for BEAM THERAPEUTICS INC. (BEAM) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BEAM was recently trading at $83.94 and has an implied volatility of 90.65% for this period. Based on an analysis of the options available for BEAM expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $83.96-$123.90 at expiration. In this scenario, the average linear return for the trade would be 74.44%. Big 7.13% Change: After closing the last trading session at $78.35, BEAM THERAPEUTICS INC. opened today at $79.21 and has reached a high of $84.87. Trade approach: A movement as big as 7.13% is a significantly bullish indicator, so this trade is designed to be profitable if BEAM maintains its current direction and does not revert back to pricing on the bearish side of $83.94 on 19-Feb-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 BEAM THERAPEUTICS INC. closes at or above $83.80 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 50.19% 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.