Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for FISKER INC. (FSR) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. FSR was recently trading at $17.68 and has an implied volatility of 145.88% for this period. Based on an analysis of the options available for FSR expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $17.68-$21.75 at expiration. In this scenario, the average linear return for the trade would be 99.42%. Big 17.79% Change: After closing the last trading session at $15.01, FISKER INC. opened today at $16.91 and has reached a high of $17.68. Trade approach: A movement as big as 17.79% is a significantly bullish indicator, so this trade is designed to be profitable if FSR maintains its current direction and does not revert back to pricing on the bearish side of $17.68 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 FISKER INC. closes at or above $17.10 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 56.40% 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.