Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for CLOUDERA INC (CLDR) for the 12-Mar-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CLDR was recently trading at $15.85 and has an implied volatility of 80.17% for this period. Based on an analysis of the options available for CLDR expiring on 12-Mar-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $15.85-$20.82 at expiration. In this scenario, the average linear return for the trade would be 63.06%. 52 week high: CLOUDERA INC recently reached a new 52-week high at $15.85. CLDR had traded in the range $4.76-$15.50 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 CLDR maintains its current direction and does not revert back to pricing on the bearish side of $15.85 on 12-Mar-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 CLOUDERA INC closes at or above $15.70 on 12-Mar-2021. Based on our risk-neutral analysis, there is a 51.36% 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.