CNC
Rating
3.8 / 5
AI signal
Open signal
Credit put spread analysis · · Good setup
IV Rank
81
Implied volatility percentile
Trend
0.65
Long-term trend score
Safety
8/10
Quality checks passed
Drop
-6.0%
Day 3 of drop
Reversal
Bullish Engulfing
Day 5
1Y Change
5.4%
Trailing 12 months
Earnings
Clear
No event in window
Hypothetical credit put spread idea
AI-evaluated setup from the latest screen — for education only. Expiration Dec 17, 2026.
Sell
$63.00
Short put (collects premium)
Buy
$60.00
Long put (caps risk)
- Width
- $3.00
- Estimated credit
- $0.04
- Max risk
- $2.96
- Return on risk
- 1.4%
- Expiration
- Dec 17, 2026
Hypothetical AI analysis for education & entertainment — not financial advice or a recommendation to trade. Disclaimer.
AI analysis
Options Trader · Nov 9, 2026
The chart tells an interesting story here: a sharp one-day flush to a key support zone that's held for months, paired with a bullish engulfing candle. That's a classic 'panic dip' pattern. IV is rich at 81%, but it's justified given the 56% realized vol, so we're getting paid for the risk.
The skeptic in me notes the safety score is low, so this isn't a sleep-easy trade. Structuring a 67. 5/65 put spread for a $1.
00 credit gives us a 40% return on risk, which clears our 0. 25 floor. It's a defined-risk bet that the floor holds.