CRL
Charles River Laboratories
Rating 4.2 / 5 Recommendation Open trade

Credit put spread analysis · · Good setup

IV Rank
19
Implied volatility percentile
Trend
0.83
Long-term trend score
Safety
4/8
Quality checks passed
Drop
-8.9%
Day 2 of drop
1Y Change
9.5%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The stock has seen a significant drop recently, which could indicate a buying opportunity. However, the safety rating is only 4/8, so there is still some risk involved. I suggest selling a put with a sellStrike of $164.

50 and buying a put with a buyStrike of $156. 25. This would give us a spread width of 5-10% of the current stock price and a realistic credit of around $4.

00-$5. 00. I recommend opening this credit put spread as the current drop in price, along with the positive trend and implied volatility, presents a strong opportunity with good risk/reward.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Mar 26, 2026.

Sell
$165.00
Short put (collects premium)
Buy
$156.00
Long put (caps risk)
Width
$9.00
Estimated credit
$4.50
Max risk
$4.50
Return on risk
100.0%
Expiration
Mar 26, 2026

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