Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for PINDUODUO INC. AMERICAN DEPOSITARY SHARES (PDD) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PDD was recently trading at $145.28 and has an implied volatility of 57.51% for this period. Based on an analysis of the options available for PDD expiring on 21-May-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $145.30-$179.92 at expiration. In this scenario, the average linear return for the trade would be 88.97%. Big 8.52% Change: After closing the last trading session at $133.88, PINDUODUO INC. AMERICAN DEPOSITARY SHARES opened today at $141.01 and has reached a high of $147.45. Trade approach: A movement as big as 8.52% is a significantly bullish indicator, so this trade is designed to be profitable if PDD maintains its current direction and does not revert back to pricing on the bearish side of $145.28 on 21-May-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 PINDUODUO INC. AMERICAN DEPOSITARY SHARES closes at or above $144.65 on 21-May-2021. Based on our risk-neutral analysis, there is a 50.84% 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.