Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SUNPOWER (SPWR) for the 30-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SPWR was recently trading at $34.39 and has an implied volatility of 77.38% for this period. Based on an analysis of the options available for SPWR expiring on 30-Apr-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $34.39-$44.34 at expiration. In this scenario, the average linear return for the trade would be 65.75%. Big 7.94% Change: After closing the last trading session at $31.86, SUNPOWER opened today at $33.00 and has reached a high of $34.72. Trade approach: A movement as big as 7.94% is a significantly bullish indicator, so this trade is designed to be profitable if SPWR maintains its current direction and does not revert back to pricing on the bearish side of $34.39 on 30-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 SUNPOWER closes at or above $34.34 on 30-Apr-2021. Based on our risk-neutral analysis, there is a 50.25% 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.