Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for SEA LTD ADS (SE) for the 25-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SE was recently trading at $180.25 and has an implied volatility of 65.18% for this period. Based on an analysis of the options available for SE expiring on 25-Feb-2022, there is a 34.20% likelihood that the underlying will close within the analyzed range of $180.26-$221.66 at expiration. In this scenario, the average linear return for the trade would be 66.17%. Big 7.40% Change: After closing the last trading session at $167.83, SEA LTD ADS opened today at $172.00 and has reached a high of $180.31. Trade approach: A movement as big as 7.40% is a significantly bullish indicator, so this trade is designed to be profitable if SE maintains its current direction and does not revert back to pricing on the bearish side of $180.25 on 25-Feb-2022. 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 SEA LTD ADS closes at or above $178.80 on 25-Feb-2022. Based on our risk-neutral analysis, there is a 51.57% 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.