Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for NIO INC (NIO) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. NIO was recently trading at $42.00 and has an implied volatility of 63.08% for this period. Based on an analysis of the options available for NIO expiring on 18-Feb-2022, there is a 34.13% likelihood that the underlying will close within the analyzed range of $42.01-$57.30 at expiration. In this scenario, the average linear return for the trade would be 91.11%. Big 8.64% Change: After closing the last trading session at $38.66, NIO INC opened today at $40.42 and has reached a high of $42.29. Trade approach: A movement as big as 8.64% is a significantly bullish indicator, so this trade is designed to be profitable if NIO maintains its current direction and does not revert back to pricing on the bearish side of $42.00 on 18-Feb-2022. 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 NIO INC closes at or above $41.46 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 51.69% 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.