Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for TRADEWEB MARKETS INC. CLASS A COMMON STOCK (TW) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TW was recently trading at $73.87 and has an implied volatility of 33.69% for this period. Based on an analysis of the options available for TW expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $73.88-$83.07 at expiration. In this scenario, the average linear return for the trade would be 58.38%. 52 week high: TRADEWEB MARKETS INC. CLASS A COMMON STOCK recently reached a new 52-week high at $74.60. TW had traded in the range $33.23-$74.48 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 TW maintains its current direction and does not revert back to pricing on the bearish side of $73.87 on 16-Apr-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 TRADEWEB MARKETS INC. CLASS A COMMON STOCK closes at or above $73.10 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 53.60% 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.