Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for FORD MOTOR (F) for the 24-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. F was recently trading at $5.49 and has an implied volatility of 94.93% for this period. Based on an analysis of the options available for F expiring on 24-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $5.49-$6.67 at expiration. In this scenario, the average linear return for the trade would be 56.22%. Big 9.15% Change: After closing the last trading session at $5.03, FORD MOTOR opened today at $5.51 and has reached a high of $5.75. Trade approach: A movement as big as 9.15% is a significantly bullish indicator, so this trade is designed to be profitable if F maintains its current direction and does not revert back to pricing on the bearish side of $5.49 on 24-Apr-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 FORD MOTOR closes at or above $5.32 on 24-Apr-2020. Based on our risk-neutral analysis, there is a 56.49% 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.