Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for LAS VEGAS SANDS (LVS) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LVS was recently trading at $44.52 and has an implied volatility of 93.05% for this period. Based on an analysis of the options available for LVS expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $44.53-$52.06 at expiration. In this scenario, the average linear return for the trade would be 44.72%. Big 9.38% Change: After closing the last trading session at $40.70, LAS VEGAS SANDS opened today at $43.64 and has reached a high of $44.75. Trade approach: A movement as big as 9.38% is a significantly bullish indicator, so this trade is designed to be profitable if LVS maintains its current direction and does not revert back to pricing on the bearish side of $44.52 on 17-Apr-2020. 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 LAS VEGAS SANDS closes at or above $43.44 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 56.29% 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.