Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for SUNRUN INC. COMMON STOCK (RUN) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RUN was recently trading at $63.56 and has an implied volatility of 76.16% for this period. Based on an analysis of the options available for RUN expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $63.57-$79.16 at expiration. In this scenario, the average linear return for the trade would be 75.20%. 52 week high: SUNRUN INC. COMMON STOCK recently reached a new 52-week high at $63.92. RUN had traded in the range $7.83-$59.60 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 RUN maintains its current direction and does not revert back to pricing on the bearish side of $63.56 on 16-Oct-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 SUNRUN INC. COMMON STOCK closes at or above $62.80 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 52.21% 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.