Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for 1LIFE HEALTHCARE INC. (ONEM) for the 19-Mar-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ONEM was recently trading at $51.78 and has an implied volatility of 58.34% for this period. Based on an analysis of the options available for ONEM expiring on 19-Mar-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $51.79-$65.40 at expiration. In this scenario, the average linear return for the trade would be 69.56%. Big 8.53% Change: After closing the last trading session at $47.71, 1LIFE HEALTHCARE INC. opened today at $50.31 and has reached a high of $55.12. Trade approach: A movement as big as 8.53% is a significantly bullish indicator, so this trade is designed to be profitable if ONEM maintains its current direction and does not revert back to pricing on the bearish side of $51.78 on 19-Mar-2021. 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 1LIFE HEALTHCARE INC. closes at or above $50.60 on 19-Mar-2021. Based on our risk-neutral analysis, there is a 53.97% 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.