APA
APA Corporation
Rating 4.5 / 5 Recommendation Open trade

Credit put spread analysis · · Strong setup

IV Rank
87
Implied volatility percentile
Trend
0.83
Long-term trend score
Safety
7/9
Quality checks passed
Drop
-5.7%
Day 2 of drop
Reversal
Doji
Day 3
1Y Change
33.9%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The 5. 70% drop in APFH signals a potential buying opportunity. I recommend opening a credit put spread with an expiration date of 2026-05-29.

Based on the current stock price of $38. 06, our short put (sellStrike) should be set at $35. 50 (7% below the current price) and the long put (buyStrike) at $33.

50 (5% below the sellStrike). This results in a spread width of $2. 00 and an estimated credit of approximately $1.

05, providing a credit-to-width ratio of 0. 52, above our hard floor of 0. 25.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration May 28, 2026.

Sell
$36.00
Short put (collects premium)
Buy
$34.00
Long put (caps risk)
Width
$2.00
Estimated credit
$1.05
Max risk
$0.95
Return on risk
110.5%
Expiration
May 28, 2026

For entertainment purposes only. Not a recommendation to trade. Disclaimer.

Trade history on APA

Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.

OpenedStrikes (S/B)ExpirationCreditP/LOutcome
Apr 9, 2026 $36.00/$34.00 May 14, 2026 $2.75 $1.28 Win · take_profit

Earlier analyses

  1. 4.5/5 Open trade

    The stock has dropped by 5.70% and is showing signs of a Doji reversal, indicating a potential trend change. The current stock price is $37.60, and we are looking for a credit put spread opportunity with a sellStrike 5-1…

  2. 4.5/5 Open trade

    The stock has seen a significant drop of 5.70% recently, which might indicate a good entry point for a credit put spread. The stock is up 33.9% over the past two months, indicating a strong uptrend, but the Doji reversal…

  3. 4.5/5 Open trade

    The stock has dropped -9.80% recently, but the trend is still strong at 92%. With a safety rating of 6/9, the stock seems to be oversold in the short term, providing a good opportunity for a credit put spread. The curren…

  4. 4.5/5 Open trade

    The stock has seen a significant drop of -9.80% and is up 60% over 2 months, showing a strong uptrend but with lower safety and high volatility (IV at 97%). No reversal signal present. Given the current price of $38.75,…