Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SALESFORCE.COM (CRM) for the 8-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CRM was recently trading at $144.00 and has an implied volatility of 42.10% for this period. Based on an analysis of the options available for CRM expiring on 8-May-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $144.13-$163.34 at expiration. In this scenario, the average linear return for the trade would be 17.98%. Big 7.21% Change: After closing the last trading session at $134.31, SALESFORCE.COM opened today at $139.00 and has reached a high of $144.23. Trade approach: A movement as big as 7.21% is a significantly bullish indicator, so this trade is designed to be profitable if CRM maintains its current direction and does not revert back to pricing on the bearish side of $144.00 on 8-May-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 SALESFORCE.COM closes at or above $143.00 on 8-May-2020. Based on our risk-neutral analysis, there is a 52.50% 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.