Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for HCA HEALTHCARE INC (HCA) for the 17-Sep-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. HCA was recently trading at $253.43 and has an implied volatility of 25.52% for this period. Based on an analysis of the options available for HCA expiring on 17-Sep-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $252.98-$280.17 at expiration. In this scenario, the average linear return for the trade would be 64.09%. 52 week high: HCA HEALTHCARE INC recently reached a new 52-week high at $254.45. HCA had traded in the range $103.17-$221.71 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 HCA maintains its current direction and does not revert back to pricing on the bearish side of $253.43 on 17-Sep-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 HCA HEALTHCARE INC closes at or above $251.50 on 17-Sep-2021. Based on our risk-neutral analysis, there is a 52.29% 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.