Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for NORWEGIAN CRUISE LINE HOLDINGS (NCLH) for the 7-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. NCLH was recently trading at $28.66 and has an implied volatility of 55.71% for this period. Based on an analysis of the options available for NCLH expiring on 7-May-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $28.67-$32.25 at expiration. In this scenario, the average linear return for the trade would be 63.25%. Big 7.16% Change: After closing the last trading session at $26.75, NORWEGIAN CRUISE LINE HOLDINGS opened today at $27.16 and has reached a high of $28.77. Trade approach: A movement as big as 7.16% is a significantly bullish indicator, so this trade is designed to be profitable if NCLH maintains its current direction and does not revert back to pricing on the bearish side of $28.66 on 7-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 NORWEGIAN CRUISE LINE HOLDINGS closes at or above $28.65 on 7-May-2021. Based on our risk-neutral analysis, there is a 50.19% 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.