Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SAFEHOLD INC (SAFE) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SAFE was recently trading at $61.34 and has an implied volatility of 50.21% for this period. Based on an analysis of the options available for SAFE expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $61.18-$68.47 at expiration. In this scenario, the average linear return for the trade would be 45.50%. Big 7.36% Change: After closing the last trading session at $57.13, SAFEHOLD INC opened today at $57.96 and has reached a high of $61.34. Trade approach: A movement as big as 7.36% is a significantly bullish indicator, so this trade is designed to be profitable if SAFE maintains its current direction and does not revert back to pricing on the bearish side of $61.34 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 SAFEHOLD INC closes at or above $61.05 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 50.75% 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.