Rating
3.4 / 5
AI signal
Hold signal
Credit put spread analysis · · Moderate setup
IV Rank
78
Implied volatility percentile
Trend
0.65
Long-term trend score
Safety
6/10
Quality checks passed
Drop
-5.2%
Day 5 of drop
1Y Change
18.5%
Trailing 12 months
Earnings
Clear
No event in window
Earlier analyses
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My read starts with the trend: up 9.5% in two months, but yesterday's -6% plunge is a violent break of momentum. The chart shows no floor yet, and that's the problem. IV at 54% looks high, but realized vol is higher — se…
AI analysis
Options Trader · Jul 7, 2026
The AI's notes below mention opening a position, but the rating (3.4/5) sits below our public-display threshold of 3.5/5, so this setup is marked Hold rather than as a tradable idea.
The floor on this chart is the real question: a 5% flush after a 65% uptrend looks like a healthy breather, not a breakdown. Key support sits around $24. 50, where the 50-day moving average and prior consolidation converge.
IV at 78% is rich, pricing in more drama than the 55% realized vol suggests — we're getting paid for fear. Structure a 35-40 delta short put for premium, but keep the spread tight. Sell the $23 put, buy the $21.
50 for a $1. 50-wide defined risk. Target a conservative $0.
45 credit, giving a 0. 30 credit-to-width ratio. Max loss is manageable, and the math pays for the risk of testing that $24.
50 floor. Decent setup with a clear exit if support breaks.