Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for AMC ENTERTAINMENT HOLDINGS INC (AMC) for the 30-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AMC was recently trading at $48.16 and has an implied volatility of 266.92% for this period. Based on an analysis of the options available for AMC expiring on 30-Jul-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $48.16-$128.41 at expiration. In this scenario, the average linear return for the trade would be 253.14%. Big 12.50% Change: After closing the last trading session at $42.81, AMC ENTERTAINMENT HOLDINGS INC opened today at $44.68 and has reached a high of $48.80. Trade approach: A movement as big as 12.50% is a significantly bullish indicator, so this trade is designed to be profitable if AMC maintains its current direction and does not revert back to pricing on the bearish side of $48.16 on 30-Jul-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 AMC ENTERTAINMENT HOLDINGS INC closes at or above $47.00 on 30-Jul-2021. Based on our risk-neutral analysis, there is a 51.00% 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.