Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for TATA MOTORS (TTM) for the 5-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TTM was recently trading at $19.34 and has an implied volatility of 105.69% for this period. Based on an analysis of the options available for TTM expiring on 5-Feb-2021, there is a 34.15% likelihood that the underlying will close within the analyzed range of $19.35-$21.71 at expiration. In this scenario, the average linear return for the trade would be 40.40%. Big 8.62% Change: After closing the last trading session at $17.81, TATA MOTORS opened today at $18.77 and has reached a high of $19.37. Trade approach: A movement as big as 8.62% is a significantly bullish indicator, so this trade is designed to be profitable if TTM maintains its current direction and does not revert back to pricing on the bearish side of $19.34 on 5-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 TATA MOTORS closes at or above $19.20 on 5-Feb-2021. Based on our risk-neutral analysis, there is a 52.61% 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.