Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for ROKU INC. CLASS A COMMON STOCK (ROKU) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ROKU was recently trading at $437.50 and has an implied volatility of 70.47% for this period. Based on an analysis of the options available for ROKU expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $437.55-$537.87 at expiration. In this scenario, the average linear return for the trade would be 101.63%. Big 7.15% Change: After closing the last trading session at $408.30, ROKU INC. CLASS A COMMON STOCK opened today at $420.73 and has reached a high of $438.36. Trade approach: A movement as big as 7.15% is a significantly bullish indicator, so this trade is designed to be profitable if ROKU maintains its current direction and does not revert back to pricing on the bearish side of $437.50 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 ROKU INC. CLASS A COMMON STOCK closes at or above $436.35 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 50.53% 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.