Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for MCDONALD’S (MCD) for the 24-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MCD was recently trading at $171.97 and has an implied volatility of 44.63% for this period. Based on an analysis of the options available for MCD expiring on 24-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $172.05-$190.12 at expiration. In this scenario, the average linear return for the trade would be 32.17%. Big 7.26% Change: After closing the last trading session at $160.33, MCDONALD’S opened today at $169.20 and has reached a high of $172.59. Trade approach: A movement as big as 7.26% is a significantly bullish indicator, so this trade is designed to be profitable if MCD maintains its current direction and does not revert back to pricing on the bearish side of $171.97 on 24-Apr-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 MCDONALD’S closes at or above $169.45 on 24-Apr-2020. Based on our risk-neutral analysis, there is a 56.07% 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.