Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for ZILLOW GROUP INC. CLASS A COMMON STOCK (ZG) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ZG was recently trading at $138.68 and has an implied volatility of 54.66% for this period. Based on an analysis of the options available for ZG expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $138.70-$163.17 at expiration. In this scenario, the average linear return for the trade would be 74.53%. Big 7.48% Change: After closing the last trading session at $129.03, ZILLOW GROUP INC. CLASS A COMMON STOCK opened today at $130.00 and has reached a high of $138.68. Trade approach: A movement as big as 7.48% is a significantly bullish indicator, so this trade is designed to be profitable if ZG maintains its current direction and does not revert back to pricing on the bearish side of $138.68 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 ZILLOW GROUP INC. CLASS A COMMON STOCK closes at or above $138.00 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.24% 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.