Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for WALMART INC (WMT) for the 14-Aug-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. WMT was recently trading at $133.09 and has an implied volatility of 32.01% for this period. Based on an analysis of the options available for WMT expiring on 14-Aug-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $132.57-$145.82 at expiration. In this scenario, the average linear return for the trade would be 58.01%. 52 week high: WALMART INC recently reached a new 52-week high at $133.63. WMT had traded in the range $102.00-$133.38 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 WMT maintains its current direction and does not revert back to pricing on the bearish side of $133.09 on 14-Aug-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 WALMART INC closes at or above $132.25 on 14-Aug-2020. Based on our risk-neutral analysis, there is a 51.02% 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.