Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for NEXTERA ENERGY (NEE) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. NEE was recently trading at $250.65 and has an implied volatility of 39.85% for this period. Based on an analysis of the options available for NEE expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $250.70-$266.31 at expiration. In this scenario, the average linear return for the trade would be 35.92%. Big 7.34% Change: After closing the last trading session at $233.50, NEXTERA ENERGY opened today at $235.84 and has reached a high of $250.86. Trade approach: A movement as big as 7.34% is a significantly bullish indicator, so this trade is designed to be profitable if NEE maintains its current direction and does not revert back to pricing on the bearish side of $250.65 on 17-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 NEXTERA ENERGY closes at or above $249.70 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 52.64% 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.