Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for NORWEGIAN CRUISE LINE HOLDINGS (NCLH) for the 6-Aug-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. NCLH was recently trading at $25.45 and has an implied volatility of 61.32% for this period. Based on an analysis of the options available for NCLH expiring on 6-Aug-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $25.45-$28.98 at expiration. In this scenario, the average linear return for the trade would be 78.14%. Big 7.47% Change: After closing the last trading session at $23.68, NORWEGIAN CRUISE LINE HOLDINGS opened today at $24.01 and has reached a high of $25.51. Trade approach: A movement as big as 7.47% is a significantly bullish indicator, so this trade is designed to be profitable if NCLH maintains its current direction and does not revert back to pricing on the bearish side of $25.45 on 6-Aug-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 NORWEGIAN CRUISE LINE HOLDINGS closes at or above $25.45 on 6-Aug-2021. Based on our risk-neutral analysis, there is a 50.01% 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.