Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for AGORA INC. AMERICAN DEPOSITARY SHARES (API) for the 19-Mar-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. API was recently trading at $52.88 and has an implied volatility of 109.28% for this period. Based on an analysis of the options available for API expiring on 19-Mar-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $52.89-$79.99 at expiration. In this scenario, the average linear return for the trade would be 92.65%. Big 11.84% Change: After closing the last trading session at $47.28, AGORA INC. AMERICAN DEPOSITARY SHARES opened today at $49.52 and has reached a high of $53.90. Trade approach: A movement as big as 11.84% is a significantly bullish indicator, so this trade is designed to be profitable if API maintains its current direction and does not revert back to pricing on the bearish side of $52.88 on 19-Mar-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 AGORA INC. AMERICAN DEPOSITARY SHARES closes at or above $52.10 on 19-Mar-2021. Based on our risk-neutral analysis, there is a 51.45% 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.