Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for R1 RCM INC. COMMON STOCK (RCM) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RCM was recently trading at $16.30 and has an implied volatility of 52.57% for this period. Based on an analysis of the options available for RCM expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $16.30-$19.29 at expiration. In this scenario, the average linear return for the trade would be 17.10%. 52 week high: R1 RCM INC. COMMON STOCK recently reached a new 52-week high at $16.49. RCM had traded in the range $7.12-$15.82 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 RCM maintains its current direction and does not revert back to pricing on the bearish side of $16.30 on 16-Oct-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 R1 RCM INC. COMMON STOCK closes at or above $16.15 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 52.23% 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.