Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for INTUITIVE SURGICAL (ISRG) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ISRG was recently trading at $874.45 and has an implied volatility of 27.10% for this period. Based on an analysis of the options available for ISRG expiring on 16-Jul-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $874.67-$997.89 at expiration. In this scenario, the average linear return for the trade would be 56.43%. Big 7.81% Change: After closing the last trading session at $811.11, INTUITIVE SURGICAL opened today at $840.92 and has reached a high of $876.87. Trade approach: A movement as big as 7.81% is a significantly bullish indicator, so this trade is designed to be profitable if ISRG maintains its current direction and does not revert back to pricing on the bearish side of $874.45 on 16-Jul-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 INTUITIVE SURGICAL closes at or above $870.80 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 51.34% 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.