Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for REGIONS FINANCIAL (RF) for the 19-Mar-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RF was recently trading at $19.39 and has an implied volatility of 37.18% for this period. Based on an analysis of the options available for RF expiring on 19-Mar-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $19.23-$21.69 at expiration. In this scenario, the average linear return for the trade would be 60.88%. 52 week high: REGIONS FINANCIAL recently reached a new 52-week high at $19.53. RF had traded in the range $6.94-$19.25 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 RF maintains its current direction and does not revert back to pricing on the bearish side of $19.39 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 REGIONS FINANCIAL closes at or above $19.15 on 19-Mar-2021. Based on our risk-neutral analysis, there is a 51.42% 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.