CLF
Rating 3.8 / 5 AI signal Open signal

Credit put spread analysis · · Good setup

IV Rank
59
Implied volatility percentile
Trend
0.60
Long-term trend score
Safety
4/9
Quality checks passed
Drop
-6.2%
Day 4 of drop
1Y Change
36.7%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

Structure-wise, a 6% drop on a 60% IV day is a volatility gift, but the chart shows this is still a pullback within a powerful two-month uptrend. Key support is the $12. 00 level, where it's bounced twice before.

The risk is this momentum finally exhausts, but the premium justifies it. I'd sell the $12 put and buy the $11 put for a 35-day defined risk. That's a $1 wide spread, and we can realistically pull in about $0.

30. The credit-to-width ratio clears our 0. 25 floor, paying decently for a risk zone the stock has defended.

Hypothetical credit put spread idea

AI-evaluated setup from the latest screen — for education only. Expiration Jul 16, 2026.

Sell
$10.00
Short put (collects premium)
Buy
$9.00
Long put (caps risk)
Width
$1.00
Estimated credit
$0.11
Max risk
$0.89
Return on risk
12.4%
Expiration
Jul 16, 2026

Hypothetical AI analysis for education & entertainment — not financial advice or a recommendation to trade. Disclaimer.