Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for ROCKET COMPANIES INC (RKT) for the 12-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RKT was recently trading at $21.67 and has an implied volatility of 74.43% for this period. Based on an analysis of the options available for RKT expiring on 12-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $21.67-$25.61 at expiration. In this scenario, the average linear return for the trade would be 76.26%. Big 8.08% Change: After closing the last trading session at $20.05, ROCKET COMPANIES INC opened today at $20.25 and has reached a high of $21.83. Trade approach: A movement as big as 8.08% is a significantly bullish indicator, so this trade is designed to be profitable if RKT maintains its current direction and does not revert back to pricing on the bearish side of $21.67 on 12-Feb-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 ROCKET COMPANIES INC closes at or above $21.34 on 12-Feb-2021. Based on our risk-neutral analysis, there is a 53.68% 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.