Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for JINKOSOLAR HOLDING (JKS) for the 20-Aug-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. JKS was recently trading at $62.32 and has an implied volatility of 77.68% for this period. Based on an analysis of the options available for JKS expiring on 20-Aug-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $62.33-$79.65 at expiration. In this scenario, the average linear return for the trade would be 88.92%. Big 9.87% Change: After closing the last trading session at $56.72, JINKOSOLAR HOLDING opened today at $59.93 and has reached a high of $63.00. Trade approach: A movement as big as 9.87% is a significantly bullish indicator, so this trade is designed to be profitable if JKS maintains its current direction and does not revert back to pricing on the bearish side of $62.32 on 20-Aug-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 JINKOSOLAR HOLDING closes at or above $61.80 on 20-Aug-2021. Based on our risk-neutral analysis, there is a 51.38% 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.