Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for ZIM INTEGRATED SHIPPING SERVICES LTD (ZIM) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ZIM was recently trading at $31.86 and has an implied volatility of 88.21% for this period. Based on an analysis of the options available for ZIM expiring on 21-May-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $31.87-$41.94 at expiration. In this scenario, the average linear return for the trade would be 16.28%. Big 8.60% Change: After closing the last trading session at $29.34, ZIM INTEGRATED SHIPPING SERVICES LTD opened today at $29.52 and has reached a high of $31.95. Trade approach: A movement as big as 8.60% is a significantly bullish indicator, so this trade is designed to be profitable if ZIM maintains its current direction and does not revert back to pricing on the bearish side of $31.86 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 ZIM INTEGRATED SHIPPING SERVICES LTD closes at or above $29.30 on 21-May-2021. Based on our risk-neutral analysis, there is a 62.01% 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.