Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for PROLOGIS (PLD) for the 18-Dec-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PLD was recently trading at $102.25 and has an implied volatility of 26.69% for this period. Based on an analysis of the options available for PLD expiring on 18-Dec-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $102.26-$111.61 at expiration. In this scenario, the average linear return for the trade would be 53.34%. 52 week high: PROLOGIS recently reached a new 52-week high at $112.37. PLD had traded in the range $59.82-$109.11 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 PLD maintains its current direction and does not revert back to pricing on the bearish side of $102.25 on 18-Dec-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 PROLOGIS closes at or above $101.20 on 18-Dec-2020. Based on our risk-neutral analysis, there is a 54.76% 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.