Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for KEYSIGHT TECHNOLOGIES INC (KEYS) for the 19-Nov-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. KEYS was recently trading at $168.15 and has an implied volatility of 24.90% for this period. Based on an analysis of the options available for KEYS expiring on 19-Nov-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $168.21-$190.52 at expiration. In this scenario, the average linear return for the trade would be 58.05%. 52 week high: KEYSIGHT TECHNOLOGIES INC recently reached a new 52-week high at $168.41. KEYS had traded in the range $90.62-$168.17 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 KEYS maintains its current direction and does not revert back to pricing on the bearish side of $168.15 on 19-Nov-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 KEYSIGHT TECHNOLOGIES INC closes at or above $168.10 on 19-Nov-2021. Based on our risk-neutral analysis, there is a 50.20% 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.