Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Covered Call trade opportunity for FIREEYE INC. COMMON STOCK (FEYE) for the 29-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FEYE was recently trading at $15.39 and has an implied volatility of 52.83% for this period. Based on an analysis of the options available for FEYE expiring on 29-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $15.39-$18.43 at expiration. In this scenario, the average linear return for the trade would be 10.05%. Big 7.02% Change: After closing the last trading session at $14.38, FIREEYE INC. COMMON STOCK opened today at $14.68 and has reached a high of $15.42. Trade approach: A movement as big as 7.02% is a significantly bullish indicator, so this trade is designed to be profitable if FEYE maintains its current direction and does not revert back to pricing on the bearish side of $15.39 on 29-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 FIREEYE INC. COMMON STOCK closes at or above $15.19 on 29-Jan-2021. Based on our risk-neutral analysis, there is a 52.93% 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.