Credit put spread analysis · · Good setup
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Jun 25, 2026.
- Width
- $5.00
- Estimated credit
- $2.33
- Max risk
- $2.67
- Return on risk
- 87.3%
- Expiration
- Jun 25, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Trade history on ALB
Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.
| Opened | Strikes (S/B) | Expiration | Credit | P/L | Outcome |
|---|---|---|---|---|---|
| May 18, 2026 | $170.00/$165.00 | Jun 25, 2026 | $2.33 | — | Open |
Earlier analyses
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Analyzing ALB at $180.38 after a -5.61% drop. The stock is still up 13.7% over two months, indicating the broader uptrend remains intact despite yesterday's pullback, which could present a mean-reversion opportunity. How…
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Analysis for ALB on 2026-04-30: The stock is at $196.70 after a sharp -6.33% drop, presenting a potential entry for a bullish-to-neutral credit put spread. However, the setup is weak and warrants a PASS. Key concerns: 1)…
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Analyzing ALB at $190.88 after a -6.33% drop. The stock is up 14.9% over two months, indicating underlying strength, but the Trend score of 62% and Safety of 6/9 suggest moderate bullish momentum with some risk. The hamm…
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Analysis of ALB for a credit put spread reveals significant concerns that make an immediate entry inadvisable. The stock's sharp 6.33% single-day drop is notable, but the broader context is problematic. While the price i…
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The stock has dropped significantly (-9.41%) which could indicate a good entry point for a credit put spread. However, the trend is still up (62%) and safety score is only 4/8, which suggests some caution is needed. The…
AI analysis
Options Trading Expert · May 17, 2026
ALB presents a mixed picture. The stock is at $175. 74, down 5.
61% yesterday, which creates a potential entry point for a put spread. The long-term trend is positive (up 13. 7% over 2 months, Trend: 48%), but the Safety score is moderate (7/9), and volatility is elevated (IV: 64%).
This high IV can provide attractive premiums, but also indicates significant risk. The 5% drop is not accompanied by a reversal signal, suggesting it might be a pullback within the uptrend rather than a breakdown. For a moderately aggressive trader, a credit put spread here is a decent, but not perfect, setup.
The elevated IV allows for a good credit-to-width ratio. However, the stock's inherent volatility and the moderate safety score introduce concerns about potential downside moves exceeding our chosen strikes. The risk/reward is acceptable, but not exceptional.
A spread with a sell strike around 5% OTM and a buy strike $5 lower should yield a credit meeting our 0. 25 floor, providing a reasonable buffer against the recent drop while capitalizing on the high implied volatility for premium.