Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Synthetic Long Stock trade opportunity for TFI INTERNATIONAL INC (TFII) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TFII was recently trading at $98.18 and has an implied volatility of 87.63% for this period. Based on an analysis of the options available for TFII expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $98.18-$105.35 at expiration. In this scenario, the average linear return for the trade would be 16.52%. Big 8.03% Change: After closing the last trading session at $90.88, TFI INTERNATIONAL INC opened today at $92.24 and has reached a high of $98.19. Trade approach: A movement as big as 8.03% is a significantly bullish indicator, so this trade is designed to be profitable if TFII maintains its current direction and does not revert back to pricing on the bearish side of $98.18 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 TFI INTERNATIONAL INC closes at or above $98.15 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 50.18% 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.