CTSH
Rating
3.8 / 5
AI signal
Open signal
Credit put spread analysis · · Good setup
IV Rank
52
Implied volatility percentile
Trend
0.21
Long-term trend score
Safety
5/10
Quality checks passed
Drop
-5.8%
Day 5 of drop
1Y Change
19.3%
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
$53.00
Short put (collects premium)
Buy
$48.00
Long put (caps risk)
- Width
- $5.00
- Estimated credit
- $0.15
- Max risk
- $4.85
- Return on risk
- 3.1%
- Expiration
- Dec 17, 2026
Hypothetical AI analysis for education & entertainment — not financial advice or a recommendation to trade. Disclaimer.
AI analysis
Options Trader · Oct 28, 2026
Support levels are the headline: this stock has been on a tear, up 19% in two months, so a 5. 8% flush is just a healthy pullback to the rising 50-day moving average around $60. IV at 52% is slightly cheap versus realized vol, giving us decent premium for the defined risk.
The math works: sell the $60 put (4% OTM, delta ~0. 30), buy the $58 put for protection. That's a $2-wide spread.
We can realistically collect about $0. 55 in credit, a 27. 5% return on risk that pays for the volatility.
Max loss is $145 per spread if it breaks below $58, but the trend and key support argue that's unlikely before December expiration. One-line verdict: This dip is a gift for a disciplined put spread.