Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Covered Call trade opportunity for ORIENTAL CULTURE HOLDING LTD ORDINARY SHARES (OCG) for the 20-Aug-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. OCG was recently trading at $4.94 and has an implied volatility of 253.34% for this period. Based on an analysis of the options available for OCG expiring on 20-Aug-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $4.94-$10.99 at expiration. In this scenario, the average linear return for the trade would be 38.88%. Big 7.16% Change: After closing the last trading session at $4.61, ORIENTAL CULTURE HOLDING LTD ORDINARY SHARES opened today at $4.60 and has reached a high of $5.34. Trade approach: A movement as big as 7.16% is a significantly bullish indicator, so this trade is designed to be profitable if OCG maintains its current direction and does not revert back to pricing on the bearish side of $4.94 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 ORIENTAL CULTURE HOLDING LTD ORDINARY SHARES closes at or above $4.80 on 20-Aug-2021. Based on our risk-neutral analysis, there is a 51.44% 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.