Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for DOMO INC. CLASS B COMMON STOCK (DOMO) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DOMO was recently trading at $34.53 and has an implied volatility of 62.46% for this period. Based on an analysis of the options available for DOMO expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $34.53-$37.95 at expiration. In this scenario, the average linear return for the trade would be 40.87%. Big 7.94% Change: After closing the last trading session at $31.99, DOMO INC. CLASS B COMMON STOCK opened today at $32.04 and has reached a high of $34.53. Trade approach: A movement as big as 7.94% is a significantly bullish indicator, so this trade is designed to be profitable if DOMO maintains its current direction and does not revert back to pricing on the bearish side of $34.53 on 20-Nov-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 DOMO INC. CLASS B COMMON STOCK closes at or above $34.10 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 55.30% 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.