Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for GRUPO TELEVISA (TV) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TV was recently trading at $12.82 and has an implied volatility of 106.91% for this period. Based on an analysis of the options available for TV expiring on 16-Apr-2021, there is a 34.15% likelihood that the underlying will close within the analyzed range of $12.82-$13.98 at expiration. In this scenario, the average linear return for the trade would be 51.11%. Big 26.69% Change: After closing the last trading session at $10.12, GRUPO TELEVISA opened today at $11.62 and has reached a high of $13.85. Trade approach: A movement as big as 26.69% is a significantly bullish indicator, so this trade is designed to be profitable if TV maintains its current direction and does not revert back to pricing on the bearish side of $12.82 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 GRUPO TELEVISA closes at or above $12.65 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 56.17% 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.