Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for COMCAST (CMCSA) for the 17-Jan-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CMCSA was recently trading at $47.21 and has an implied volatility of 21.58% for this period. Based on an analysis of the options available for CMCSA expiring on 17-Jan-2020, there is a 34.22% likelihood that the underlying will close within the analyzed range of $47.21-$47.55 at expiration. In this scenario, the average linear return for the trade would be 36.99%. 52 week high: COMCAST recently reached a new 52-week high at $47.74. CMCSA had traded in the range $34.67-$47.27 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 CMCSA maintains its current direction and does not revert back to pricing on the bearish side of $47.21 on 17-Jan-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 COMCAST closes at or above $47.13 on 17-Jan-2020. Based on our risk-neutral analysis, there is a 59.42% 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.