Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for BROOKFIELD ASSET (BAM) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BAM was recently trading at $45.37 and has an implied volatility of 23.32% for this period. Based on an analysis of the options available for BAM expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $45.37-$48.00 at expiration. In this scenario, the average linear return for the trade would be 11.11%. 52 week high: BROOKFIELD ASSET recently reached a new 52-week high at $45.88. BAM had traded in the range $27.25-$45.78 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 BAM maintains its current direction and does not revert back to pricing on the bearish side of $45.37 on 16-Apr-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 BROOKFIELD ASSET closes at or above $44.50 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 63.50% 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.