Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for DREAM FINDERS HOMES INC. CLASS A COMMON STOCK (DFH) for the 20-Aug-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DFH was recently trading at $24.62 and has an implied volatility of 72.17% for this period. Based on an analysis of the options available for DFH expiring on 20-Aug-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $24.62-$29.43 at expiration. In this scenario, the average linear return for the trade would be 17.15%. Big 17.35% Change: After closing the last trading session at $20.98, DREAM FINDERS HOMES INC. CLASS A COMMON STOCK opened today at $21.59 and has reached a high of $24.65. Trade approach: A movement as big as 17.35% is a significantly bullish indicator, so this trade is designed to be profitable if DFH maintains its current direction and does not revert back to pricing on the bearish side of $24.62 on 20-Aug-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 DREAM FINDERS HOMES INC. CLASS A COMMON STOCK closes at or above $24.25 on 20-Aug-2021. Based on our risk-neutral analysis, there is a 53.39% 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.