Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for BLOOM ENERGY CORP (BE) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BE was recently trading at $27.00 and has an implied volatility of 104.02% for this period. Based on an analysis of the options available for BE expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $27.00-$38.47 at expiration. In this scenario, the average linear return for the trade would be 92.31%. Big 11.57% Change: After closing the last trading session at $24.20, BLOOM ENERGY CORP opened today at $24.95 and has reached a high of $27.23. Trade approach: A movement as big as 11.57% is a significantly bullish indicator, so this trade is designed to be profitable if BE maintains its current direction and does not revert back to pricing on the bearish side of $27.00 on 15-Jan-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 BLOOM ENERGY CORP closes at or above $26.95 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 50.23% 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.