Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for KINGSOFT CLOUD HOLDINGS LIMITED AMERICAN DEPOSITAR (KC) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. KC was recently trading at $46.37 and has an implied volatility of 74.54% for this period. Based on an analysis of the options available for KC expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $46.37-$51.55 at expiration. In this scenario, the average linear return for the trade would be 35.16%. Big 7.91% Change: After closing the last trading session at $42.97, KINGSOFT CLOUD HOLDINGS LIMITED AMERICAN DEPOSITAR opened today at $43.83 and has reached a high of $47.33. Trade approach: A movement as big as 7.91% is a significantly bullish indicator, so this trade is designed to be profitable if KC maintains its current direction and does not revert back to pricing on the bearish side of $46.37 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 KINGSOFT CLOUD HOLDINGS LIMITED AMERICAN DEPOSITAR closes at or above $46.30 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 50.58% 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.