Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Covered Call trade opportunity for GREENBOX POS COMMON STOCK (GBOX) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GBOX was recently trading at $8.45 and has an implied volatility of 336.49% for this period. Based on an analysis of the options available for GBOX expiring on 21-May-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $8.45-$22.32 at expiration. In this scenario, the average linear return for the trade would be 39.04%. Big 10.75% Change: After closing the last trading session at $7.63, GREENBOX POS COMMON STOCK opened today at $7.80 and has reached a high of $8.53. Trade approach: A movement as big as 10.75% is a significantly bullish indicator, so this trade is designed to be profitable if GBOX maintains its current direction and does not revert back to pricing on the bearish side of $8.45 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 GREENBOX POS COMMON STOCK closes at or above $8.25 on 21-May-2021. Based on our risk-neutral analysis, there is a 50.99% 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.