Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for VALMONT INDUSTRIES (VMI) for the 19-Jun-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. VMI was recently trading at $116.02 and has an implied volatility of 37.95% for this period. Based on an analysis of the options available for VMI expiring on 19-Jun-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $116.13-$134.97 at expiration. In this scenario, the average linear return for the trade would be 24.53%. Big 10.00% Change: After closing the last trading session at $105.47, VALMONT INDUSTRIES opened today at $116.02 and has reached a high of $119.07. Trade approach: A movement as big as 10.00% is a significantly bullish indicator, so this trade is designed to be profitable if VMI maintains its current direction and does not revert back to pricing on the bearish side of $116.02 on 19-Jun-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 VALMONT INDUSTRIES closes at or above $116.05 on 19-Jun-2020. Based on our risk-neutral analysis, there is a 50.19% 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.