Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for TATA MOTORS (TTM) for the 12-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TTM was recently trading at $21.84 and has an implied volatility of 88.22% for this period. Based on an analysis of the options available for TTM expiring on 12-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $21.84-$25.33 at expiration. In this scenario, the average linear return for the trade would be 42.06%. 52 week high: TATA MOTORS recently reached a new 52-week high at $21.97. TTM had traded in the range $3.92-$20.14 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if TTM maintains its current direction and does not revert back to pricing on the bearish side of $21.84 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 TATA MOTORS closes at or above $21.70 on 12-Feb-2021. Based on our risk-neutral analysis, there is a 51.74% 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.