Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for AGILENT TECHNOLOGIES (A) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. A was recently trading at $113.99 and has an implied volatility of 27.90% for this period. Based on an analysis of the options available for A expiring on 19-Feb-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $113.84-$130.48 at expiration. In this scenario, the average linear return for the trade would be 59.89%. 52 week high: AGILENT TECHNOLOGIES recently reached a new 52-week high at $118.96. A had traded in the range $61.13-$117.50 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 A maintains its current direction and does not revert back to pricing on the bearish side of $113.99 on 19-Feb-2021. 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 AGILENT TECHNOLOGIES closes at or above $113.50 on 19-Feb-2021. 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.