Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for TUSIMPLE HOLDINGS INC. CLASS A COMMON STOCK (TSP) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TSP was recently trading at $28.34 and has an implied volatility of 93.68% for this period. Based on an analysis of the options available for TSP expiring on 21-Jan-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $28.34-$33.18 at expiration. In this scenario, the average linear return for the trade would be 65.84%. Big 9.04% Change: After closing the last trading session at $25.99, TUSIMPLE HOLDINGS INC. CLASS A COMMON STOCK opened today at $26.61 and has reached a high of $28.51. Trade approach: A movement as big as 9.04% is a significantly bullish indicator, so this trade is designed to be profitable if TSP maintains its current direction and does not revert back to pricing on the bearish side of $28.34 on 21-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 TUSIMPLE HOLDINGS INC. CLASS A COMMON STOCK closes at or above $27.80 on 21-Jan-2022. Based on our risk-neutral analysis, there is a 54.86% 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.