Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for INTUIT (INTU) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. INTU was recently trading at $377.62 and has an implied volatility of 29.07% for this period. Based on an analysis of the options available for INTU expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $377.14-$425.70 at expiration. In this scenario, the average linear return for the trade would be 44.51%. 52 week high: INTUIT recently reached a new 52-week high at $380.75. INTU had traded in the range $187.68-$380.50 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 INTU maintains its current direction and does not revert back to pricing on the bearish side of $377.62 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 INTUIT closes at or above $376.20 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 50.82% 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.