Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for SALESFORCE.COM (CRM) for the 28-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CRM was recently trading at $184.81 and has an implied volatility of 22.65% for this period. Based on an analysis of the options available for CRM expiring on 28-Feb-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $185.13-$198.76 at expiration. In this scenario, the average linear return for the trade would be 60.93%. 52 week high: SALESFORCE.COM recently reached a new 52-week high at $186.44. CRM had traded in the range $137.87-$184.45 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 CRM maintains its current direction and does not revert back to pricing on the bearish side of $184.81 on 28-Feb-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 SALESFORCE.COM closes at or above $184.50 on 28-Feb-2020. Based on our risk-neutral analysis, there is a 51.90% 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.