Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for BLOOM ENERGY CORP (BE) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BE was recently trading at $16.34 and has an implied volatility of 88.09% for this period. Based on an analysis of the options available for BE expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $16.34-$19.90 at expiration. In this scenario, the average linear return for the trade would be 66.87%. Big 7.71% Change: After closing the last trading session at $15.17, BLOOM ENERGY CORP opened today at $15.83 and has reached a high of $16.85. Trade approach: A movement as big as 7.71% is a significantly bullish indicator, so this trade is designed to be profitable if BE maintains its current direction and does not revert back to pricing on the bearish side of $16.34 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 BLOOM ENERGY CORP closes at or above $16.15 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 52.38% 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.