Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SUNRUN INC. COMMON STOCK (RUN) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RUN was recently trading at $52.57 and has an implied volatility of 79.60% for this period. Based on an analysis of the options available for RUN expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $52.58-$65.89 at expiration. In this scenario, the average linear return for the trade would be 113.67%. Big 10.14% Change: After closing the last trading session at $47.73, SUNRUN INC. COMMON STOCK opened today at $49.80 and has reached a high of $52.75. Trade approach: A movement as big as 10.14% is a significantly bullish indicator, so this trade is designed to be profitable if RUN maintains its current direction and does not revert back to pricing on the bearish side of $52.57 on 16-Jul-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 SUNRUN INC. COMMON STOCK closes at or above $52.20 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 51.27% 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.