Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for HECLA MINING (HL) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. HL was recently trading at $6.25 and has an implied volatility of 67.47% for this period. Based on an analysis of the options available for HL expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $6.25-$8.29 at expiration. In this scenario, the average linear return for the trade would be 20.81%. Big 7.30% Change: After closing the last trading session at $5.82, HECLA MINING opened today at $6.05 and has reached a high of $6.47. Trade approach: A movement as big as 7.30% is a significantly bullish indicator, so this trade is designed to be profitable if HL maintains its current direction and does not revert back to pricing on the bearish side of $6.25 on 19-Feb-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 HECLA MINING closes at or above $6.16 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 51.97% 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.