Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for ROYAL DUTCH SHELL (RDS.B) for the 15-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RDS.B was recently trading at $43.61 and has an implied volatility of 32.33% for this period. Based on an analysis of the options available for RDS.B expiring on 15-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $43.61-$46.90 at expiration. In this scenario, the average linear return for the trade would be 34.66%. 52 week high: ROYAL DUTCH SHELL recently reached a new 52-week high at $43.61. RDS.B had traded in the range $21.79-$42.29 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 RDS.B maintains its current direction and does not revert back to pricing on the bearish side of $43.61 on 15-Oct-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 ROYAL DUTCH SHELL closes at or above $43.45 on 15-Oct-2021. Based on our risk-neutral analysis, there is a 52.04% 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.