Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for ZEBRA TECHNOLOGIES (ZBRA) for the 17-Sep-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ZBRA was recently trading at $558.94 and has an implied volatility of 26.05% for this period. Based on an analysis of the options available for ZBRA expiring on 17-Sep-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $559.00-$610.84 at expiration. In this scenario, the average linear return for the trade would be 62.14%. 52 week high: ZEBRA TECHNOLOGIES recently reached a new 52-week high at $566.99. ZBRA had traded in the range $246.83-$566.77 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 ZBRA maintains its current direction and does not revert back to pricing on the bearish side of $558.94 on 17-Sep-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 ZEBRA TECHNOLOGIES closes at or above $557.60 on 17-Sep-2021. Based on our risk-neutral analysis, there is a 51.13% 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.