Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for CROWDSTRIKE HOLDINGS INC. CLASS A COMMON STOCK (CRWD) for the 3-Dec-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CRWD was recently trading at $281.28 and has an implied volatility of 43.36% for this period. Based on an analysis of the options available for CRWD expiring on 3-Dec-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $281.31-$323.15 at expiration. In this scenario, the average linear return for the trade would be 74.37%. 52 week high: CROWDSTRIKE HOLDINGS INC. CLASS A COMMON STOCK recently reached a new 52-week high at $291.50. CRWD had traded in the range $118.10-$290.73 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 CRWD maintains its current direction and does not revert back to pricing on the bearish side of $281.28 on 3-Dec-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 CROWDSTRIKE HOLDINGS INC. CLASS A COMMON STOCK closes at or above $280.80 on 3-Dec-2021. Based on our risk-neutral analysis, there is a 50.52% 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.