ENPH
Enphase Energy
Rating 4.2 / 5 Recommendation Open trade

Credit put spread analysis · · Good setup

IV Rank
52
Implied volatility percentile
Trend
0.62
Long-term trend score
Safety
7/9
Quality checks passed
Drop
-7.7%
Day 2 of drop
Reversal
Hammer
Day 4
1Y Change
27.6%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

ENPH has seen a significant drop of 7. 65% recently, which could present a good opportunity for a credit put spread. The stock is up 27.

6% over the past two months and has a trend score of 62% and safety score of 7/9, indicating a generally positive outlook. Additionally, the implied volatility is at 52%, suggesting that option premiums could be elevated. For a credit put spread, we want to sell a put at a strike price that is 5-15% below the current price and buy a put at a lower strike price that is 5-10% below the sold strike.

Based on the current price of $42. 66, we could sell the $40 put and buy the $35 put, for a credit of around $2. 50.

This would represent a spread width of around 13%, which is within our targeted range. The maximum potential loss for this position would be the difference between the two strike prices minus the credit received, or $2. 50 - $2.

50 = $0. The maximum potential gain would be the credit received, or $2. 50.

Overall, this setup has a strong risk/reward profile and could be a good opportunity to open a position.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Apr 9, 2026.

Sell
$40.00
Short put (collects premium)
Buy
$35.00
Long put (caps risk)
Width
$5.00
Estimated credit
$2.50
Max risk
$2.50
Return on risk
100.0%
Expiration
Apr 9, 2026

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

Trade history on ENPH

Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.

OpenedStrikes (S/B)ExpirationCreditP/LOutcome
Feb 19, 2026 $42.00/$38.00 Mar 26, 2026 $3.50 -$1.95 Loss · expiration_proximity

Earlier analyses

  1. 4.3/5 Open trade

    ENPH has seen a significant drop of 7.65% recently, which could present a good opportunity for a credit put spread. The stock is still up 27.6% over the past 2 months and shows a strong trend and safety rating. However,…

  2. 4.5/5 Open trade

    The stock has experienced a significant drop of 8.48%, creating a potential credit put spread opportunity. ENPH has been bullish, up 54.2% over the last 2 months. However, a Bullish Engulfing reversal day 4 indicates a p…

  3. 4.5/5 Open trade

    ENPH's recent drop presents a strong opportunity for a credit put spread. The stock is up 54.2% over the past two months, but the recent dip might indicate a good time to enter the market. The current price is $43.49, a…