Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for PAGSEGURO DIGITAL (PAGS) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PAGS was recently trading at $56.95 and has an implied volatility of 44.99% for this period. Based on an analysis of the options available for PAGS expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $56.96-$64.69 at expiration. In this scenario, the average linear return for the trade would be 59.17%. 52 week high: PAGSEGURO DIGITAL recently reached a new 52-week high at $59.38. PAGS had traded in the range $13.58-$57.46 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 PAGS maintains its current direction and does not revert back to pricing on the bearish side of $56.95 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 PAGSEGURO DIGITAL closes at or above $56.75 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 51.13% 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.