Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for SOLAREDGE TECHNOLOGIES INC. C (SEDG) for the 15-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. SEDG was recently trading at $280.20 and has an implied volatility of 51.86% for this period. Based on an analysis of the options available for SEDG expiring on 15-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $280.21-$296.55 at expiration. In this scenario, the average linear return for the trade would be 40.85%. Big 7.00% Change: After closing the last trading session at $261.87, SOLAREDGE TECHNOLOGIES INC. C opened today at $264.46 and has reached a high of $282.08. Trade approach: A movement as big as 7.00% is a significantly bullish indicator, so this trade is designed to be profitable if SEDG maintains its current direction and does not revert back to pricing on the bearish side of $280.20 on 15-Oct-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 SOLAREDGE TECHNOLOGIES INC. C closes at or above $277.10 on 15-Oct-2021. Based on our risk-neutral analysis, there is a 57.80% 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.