Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for GW PHARMACEUTICALS PLC AMERICA (GWPH) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GWPH was recently trading at $213.96 and has an implied volatility of 21.46% for this period. Based on an analysis of the options available for GWPH expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $213.97-$223.89 at expiration. In this scenario, the average linear return for the trade would be 20.98%. Big 46.30% Change: After closing the last trading session at $146.25, GW PHARMACEUTICALS PLC AMERICA opened today at $215.00 and has reached a high of $217.50. Trade approach: A movement as big as 46.30% is a significantly bullish indicator, so this trade is designed to be profitable if GWPH maintains its current direction and does not revert back to pricing on the bearish side of $213.96 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 GW PHARMACEUTICALS PLC AMERICA closes at or above $213.90 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 50.29% 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.