Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for AUTODESK (ADSK) for the 26-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ADSK was recently trading at $317.02 and has an implied volatility of 39.10% for this period. Based on an analysis of the options available for ADSK expiring on 26-Feb-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $317.07-$364.44 at expiration. In this scenario, the average linear return for the trade would be 75.27%. 52 week high: AUTODESK recently reached a new 52-week high at $319.84. ADSK had traded in the range $125.38-$316.45 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 ADSK maintains its current direction and does not revert back to pricing on the bearish side of $317.02 on 26-Feb-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 AUTODESK closes at or above $317.00 on 26-Feb-2021. Based on our risk-neutral analysis, there is a 50.07% 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.