Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for SEAWORLD ENTERTAINMENT INC (SEAS) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SEAS was recently trading at $70.34 and has an implied volatility of 52.75% for this period. Based on an analysis of the options available for SEAS expiring on 18-Feb-2022, there is a 34.84% likelihood that the underlying will close within the analyzed range of $70.34-$74.18 at expiration. In this scenario, the average linear return for the trade would be 18.77%. 52 week high: SEAWORLD ENTERTAINMENT INC recently reached a new 52-week high at $70.82. SEAS had traded in the range $34.35-$70.48 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 SEAS maintains its current direction and does not revert back to pricing on the bearish side of $70.34 on 18-Feb-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 SEAWORLD ENTERTAINMENT INC closes at or above $70.15 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 52.09% 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.