Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for ARRIVAL ORDINARY SHARES (ARVL) for the 29-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ARVL was recently trading at $15.53 and has an implied volatility of 73.51% for this period. Based on an analysis of the options available for ARVL expiring on 29-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $15.53-$18.31 at expiration. In this scenario, the average linear return for the trade would be 52.41%. Big 7.40% Change: After closing the last trading session at $14.46, ARRIVAL ORDINARY SHARES opened today at $14.78 and has reached a high of $15.58. Trade approach: A movement as big as 7.40% is a significantly bullish indicator, so this trade is designed to be profitable if ARVL maintains its current direction and does not revert back to pricing on the bearish side of $15.53 on 29-Oct-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 ARRIVAL ORDINARY SHARES closes at or above $15.45 on 29-Oct-2021. Based on our risk-neutral analysis, there is a 51.26% 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.