Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for LIBERTY GLOBAL PLC CLASS A ORD (LBTYA) for the 22-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LBTYA was recently trading at $24.84 and has an implied volatility of 39.04% for this period. Based on an analysis of the options available for LBTYA expiring on 22-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $24.84-$28.67 at expiration. In this scenario, the average linear return for the trade would be 24.68%. 52 week high: LIBERTY GLOBAL PLC CLASS A ORD recently reached a new 52-week high at $25.17. LBTYA had traded in the range $15.23-$24.12 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 LBTYA maintains its current direction and does not revert back to pricing on the bearish side of $24.84 on 22-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 LIBERTY GLOBAL PLC CLASS A ORD closes at or above $24.60 on 22-Jan-2021. Based on our risk-neutral analysis, there is a 52.70% 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.