Rating
4.3 / 5
Recommendation
Open trade
Credit put spread analysis · · Good setup
IV Rank
67
Implied volatility percentile
Trend
0.51
Long-term trend score
Safety
8/9
Quality checks passed
Drop
-5.0%
Day 3 of drop
Reversal
Doji
Day 3
1Y Change
8.3%
Trailing 12 months
Earnings
Clear
No event in window
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Apr 16, 2026.
Sell
$24.00
Short put (collects premium)
Buy
$22.00
Long put (caps risk)
- Width
- $2.00
- Estimated credit
- $1.50
- Max risk
- $0.50
- Return on risk
- 300.0%
- Expiration
- Apr 16, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Earlier analyses
-
The 5.04% drop in CCL presents a moderately good credit put spread opportunity. The stock has been on an uptrend and is relatively safe, indicating a potential bounce-back. However, there's no immediate reversal signal,…
AI analysis
Options Trading Expert · Mar 9, 2026
CCL has seen a significant drop recently, providing an opportunity for a credit put spread. The stock is up 8. 3% over the past 2 months, indicating a potential recovery.
However, the Doji reversal signal suggests a potential trend change. Given the current price of $26. 21, we suggest selling the $24 put and buying the $22 put, resulting in a credit of around $1.
50. This gives us a potential profit of $150 per contract, with maximum risk of $350. The safety score of 8/9, combined with the high implied volatility (IV) of 67%, indicates that this could be a good risk/reward setup.