Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for UNIVERSAL HEALTH SERVICES (UHS) for the 14-Apr-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. UHS was recently trading at $147.35 and has an implied volatility of 31.38% for this period. Based on an analysis of the options available for UHS expiring on 14-Apr-2022, there is a 34.19% likelihood that the underlying will close within the analyzed range of $147.16-$165.05 at expiration. In this scenario, the average linear return for the trade would be 17.30%. Big 8.04% Change: After closing the last trading session at $136.39, UNIVERSAL HEALTH SERVICES opened today at $144.96 and has reached a high of $149.87. Trade approach: A movement as big as 8.04% is a significantly bullish indicator, so this trade is designed to be profitable if UHS maintains its current direction and does not revert back to pricing on the bearish side of $147.35 on 14-Apr-2022. 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 UNIVERSAL HEALTH SERVICES closes at or above $146.80 on 14-Apr-2022. Based on our risk-neutral analysis, there is a 50.85% 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.