Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for BEAM THERAPEUTICS INC. (BEAM) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BEAM was recently trading at $113.14 and has an implied volatility of 106.69% for this period. Based on an analysis of the options available for BEAM expiring on 19-Feb-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $113.16-$162.68 at expiration. In this scenario, the average linear return for the trade would be 53.49%. Big 14.71% Change: After closing the last trading session at $98.63, BEAM THERAPEUTICS INC. opened today at $98.50 and has reached a high of $117.00. Trade approach: A movement as big as 14.71% is a significantly bullish indicator, so this trade is designed to be profitable if BEAM maintains its current direction and does not revert back to pricing on the bearish side of $113.14 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 BEAM THERAPEUTICS INC. closes at or above $113.00 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 50.15% 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.