Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for MONDELEZ INTERNATIONAL (MDLZ) for the 28-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MDLZ was recently trading at $66.81 and has an implied volatility of 18.34% for this period. Based on an analysis of the options available for MDLZ expiring on 28-Jan-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $66.82-$70.06 at expiration. In this scenario, the average linear return for the trade would be 36.02%. 52 week high: MONDELEZ INTERNATIONAL recently reached a new 52-week high at $66.81. MDLZ had traded in the range $52.91-$66.53 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 MDLZ maintains its current direction and does not revert back to pricing on the bearish side of $66.81 on 28-Jan-2022. 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 MONDELEZ INTERNATIONAL closes at or above $66.75 on 28-Jan-2022. Based on our risk-neutral analysis, there is a 50.88% 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.