Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for CONSTELLATION BRANDS (STZ) for the 8-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. STZ was recently trading at $209.02 and has an implied volatility of 31.79% for this period. Based on an analysis of the options available for STZ expiring on 8-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $209.05-$231.72 at expiration. In this scenario, the average linear return for the trade would be 65.03%. 52 week high: CONSTELLATION BRANDS recently reached a new 52-week high at $210.50. STZ had traded in the range $104.28-$208.66 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 STZ maintains its current direction and does not revert back to pricing on the bearish side of $209.02 on 8-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 CONSTELLATION BRANDS closes at or above $208.50 on 8-Jan-2021. Based on our risk-neutral analysis, there is a 51.03% 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.