Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for VIACOMCBS INC CLASS B (VIAC) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. VIAC was recently trading at $49.09 and has an implied volatility of 60.40% for this period. Based on an analysis of the options available for VIAC expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $49.09-$57.56 at expiration. In this scenario, the average linear return for the trade would be 62.56%. 52 week high: VIACOMCBS INC CLASS B recently reached a new 52-week high at $51.29. VIAC had traded in the range $10.10-$46.86 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 VIAC maintains its current direction and does not revert back to pricing on the bearish side of $49.09 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 VIACOMCBS INC CLASS B closes at or above $48.42 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 53.46% 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.