Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for INSMED (INSM) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. INSM was recently trading at $38.96 and has an implied volatility of 56.49% for this period. Based on an analysis of the options available for INSM expiring on 19-Feb-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $38.98-$51.78 at expiration. In this scenario, the average linear return for the trade would be 48.54%. 52 week high: INSMED recently reached a new 52-week high at $40.09. INSM had traded in the range $12.09-$39.60 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 INSM maintains its current direction and does not revert back to pricing on the bearish side of $38.96 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 INSMED closes at or above $38.55 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 51.57% 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.