Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for AMERISOURCEBERGEN (ABC) for the 1-Apr-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ABC was recently trading at $142.39 and has an implied volatility of 27.21% for this period. Based on an analysis of the options available for ABC expiring on 1-Apr-2022, there is a 34.19% likelihood that the underlying will close within the analyzed range of $142.40-$156.79 at expiration. In this scenario, the average linear return for the trade would be 26.72%. 52 week high: AMERISOURCEBERGEN recently reached a new 52-week high at $144.10. ABC had traded in the range $100.71-$143.61 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 ABC maintains its current direction and does not revert back to pricing on the bearish side of $142.39 on 1-Apr-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 AMERISOURCEBERGEN closes at or above $141.60 on 1-Apr-2022. Based on our risk-neutral analysis, there is a 52.33% 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.