Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for AGORA INC. AMERICAN DEPOSITARY SHARES (API) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. API was recently trading at $43.30 and has an implied volatility of 78.37% for this period. Based on an analysis of the options available for API expiring on 16-Jul-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $43.30-$55.62 at expiration. In this scenario, the average linear return for the trade would be 72.72%. Big 8.25% Change: After closing the last trading session at $40.00, AGORA INC. AMERICAN DEPOSITARY SHARES opened today at $39.95 and has reached a high of $43.30. Trade approach: A movement as big as 8.25% is a significantly bullish indicator, so this trade is designed to be profitable if API maintains its current direction and does not revert back to pricing on the bearish side of $43.30 on 16-Jul-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 AGORA INC. AMERICAN DEPOSITARY SHARES closes at or above $42.80 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 51.86% 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.