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Quantchabot has detected a promising Bull Call Spread trade opportunity for FIVE9 INC. COMMON STOCK (FIVN) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
FIVN was recently trading at $180.94 and has an implied volatility of 50.72% for this period. Based on an analysis of the options available for FIVN expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $180.96-$219.28 at expiration. In this scenario, the average linear return for the trade would be 48.50%.
Big 8.49% Change: After closing the last trading session at $166.78, FIVE9 INC. COMMON STOCK opened today at $178.78 and has reached a high of $181.44.
Trade approach: A movement as big as 8.49% is a significantly bullish indicator, so this trade is designed to be profitable if FIVN maintains its current direction and does not revert back to pricing on the bearish side of $180.94 on 16-Apr-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 FIVE9 INC. COMMON STOCK closes at or above $180.90 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 50.07% 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.