Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for FUBOTV (FUBO) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FUBO was recently trading at $35.65 and has an implied volatility of 147.85% for this period. Based on an analysis of the options available for FUBO expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $35.65-$54.18 at expiration. In this scenario, the average linear return for the trade would be 126.07%. Big 20.03% Change: After closing the last trading session at $29.70, FUBOTV opened today at $30.22 and has reached a high of $35.87. Trade approach: A movement as big as 20.03% is a significantly bullish indicator, so this trade is designed to be profitable if FUBO maintains its current direction and does not revert back to pricing on the bearish side of $35.65 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 FUBOTV closes at or above $34.10 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 54.24% 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.