Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SOLAREDGE TECHNOLOGIES INC. C (SEDG) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SEDG was recently trading at $217.39 and has an implied volatility of 67.00% for this period. Based on an analysis of the options available for SEDG expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $217.41-$252.63 at expiration. In this scenario, the average linear return for the trade would be 70.08%. Big 8.18% Change: After closing the last trading session at $200.96, SOLAREDGE TECHNOLOGIES INC. C opened today at $205.13 and has reached a high of $218.11. Trade approach: A movement as big as 8.18% is a significantly bullish indicator, so this trade is designed to be profitable if SEDG maintains its current direction and does not revert back to pricing on the bearish side of $217.39 on 16-Oct-2020. 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 SOLAREDGE TECHNOLOGIES INC. C closes at or above $215.80 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 51.97% 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.