Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for NUTRIEN LTD (NTR) for the 12-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. NTR was recently trading at $51.93 and has an implied volatility of 30.34% for this period. Based on an analysis of the options available for NTR expiring on 12-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $51.94-$57.22 at expiration. In this scenario, the average linear return for the trade would be 56.82%. 52 week high: NUTRIEN LTD recently reached a new 52-week high at $51.97. NTR had traded in the range $23.85-$50.81 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 NTR maintains its current direction and does not revert back to pricing on the bearish side of $51.93 on 12-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 NUTRIEN LTD closes at or above $51.75 on 12-Feb-2021. Based on our risk-neutral analysis, there is a 51.49% 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.