Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Call trade opportunity for AVALONBAY COMMUNITIES (AVB) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AVB was recently trading at $226.28 and has an implied volatility of 35.28% for this period. Based on an analysis of the options available for AVB expiring on 16-Jul-2021, there is a 34.23% likelihood that the underlying will close within the analyzed range of $226.28-$228.92 at expiration. In this scenario, the average linear return for the trade would be 20.82%. 52 week high: AVALONBAY COMMUNITIES recently reached a new 52-week high at $226.55. AVB had traded in the range $131.38-$224.41 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if AVB maintains its current direction and does not revert back to pricing on the bearish side of $226.28 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 AVALONBAY COMMUNITIES closes at or above $226.20 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 51.22% 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.