AFRM
Rating 3.2 / 5 AI signal Hold signal

Credit put spread analysis · · Moderate setup

IV Rank
78
Implied volatility percentile
Trend
0.36
Long-term trend score
Safety
6/9
Quality checks passed
Drop
-7.4%
Day 4 of drop
1Y Change
21.1%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The selloff looks dramatic until you realize it's just a pullback within a powerful uptrend—the stock is still up 21% in two months. Key support sits around $62, where it's bounced twice before. IV at 79% is juicy, but that's the problem; it's pricing in continued chaos, and the chart shows no reversal signal yet.

We need a floor to form. I'd wait for a day or two of consolidation around this $65-$66 zone before selling puts. Jumping in now is catching a falling knife with expensive IV—the premium is tempting, but the risk of a continued slide into support is too high.

Verdict: Wait for the dust to settle.