Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for MP MATERIALS CORP (MP) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MP was recently trading at $40.32 and has an implied volatility of 101.93% for this period. Based on an analysis of the options available for MP expiring on 19-Feb-2021, there is a 34.15% likelihood that the underlying will close within the analyzed range of $40.32-$44.46 at expiration. In this scenario, the average linear return for the trade would be 40.59%. Big 14.35% Change: After closing the last trading session at $35.26, MP MATERIALS CORP opened today at $39.16 and has reached a high of $41.02. Trade approach: A movement as big as 14.35% is a significantly bullish indicator, so this trade is designed to be profitable if MP maintains its current direction and does not revert back to pricing on the bearish side of $40.32 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 MP MATERIALS CORP closes at or above $40.10 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 52.24% 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.