Credit put spread analysis · · Good setup
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Jun 25, 2026.
- Width
- $5.00
- Estimated credit
- $2.71
- Max risk
- $2.29
- Return on risk
- 118.3%
- Expiration
- Jun 25, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Trade history on GLW
Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.
| Opened | Strikes (S/B) | Expiration | Credit | P/L | Outcome |
|---|---|---|---|---|---|
| Mar 4, 2026 | $135.00/$128.00 | Apr 9, 2026 | $4.00 | $1.37 | Win · price_drop |
Earlier analyses
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GLW presents a mixed opportunity after a sharp -7.91% drop. The stock is still up 34.8% over two months, indicating a strong underlying trend (43% Trend score), but the single-day drop and Doji reversal signal suggest po…
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The -7.91% drop in GLW creates a potential entry point for a credit put spread, but the setup is only decent with significant concerns. The stock is up 34.8% over two months, indicating a strong uptrend, but the sharp pu…
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The setup is weak and does not meet our criteria for a moderately aggressive OPEN. While the stock's 7.91% drop creates a potential entry point, the underlying conditions are poor. The stock is up 34.8% over two months,…
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Analyzing GLW after a sharp -8.90% drop, the setup for a credit put spread is weak, leading to a WAIT recommendation. The stock is at $164.24, up 28.2% over two months, indicating a strong prior uptrend that may now be c…
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Analyzing GLW after an 8.9% single-day drop to $151.90. While the drop creates potential for a volatility crush play, the overall setup is weak for a credit put spread. The stock is still up 28.2% over two months, indica…
AI analysis
Options Trading Expert · May 20, 2026
The setup presents a mixed picture. The stock has experienced a sharp, high-volume drop of nearly 7% on a Doji candle, which can signal a potential reversal or exhaustion of the selling pressure. This creates an opportunity to sell elevated put premium, as the IV of 81% is high, providing attractive credit.
However, significant caution is warranted. The stock is up over 36% in just two months, indicating it may be overextended and prone to a deeper correction. The 'Safety' score of 6/9 is mediocre, and the 'Trend' score of 43% suggests the strong uptrend is weakening.
A moderately aggressive trader can lean OPEN, but must define risk tightly. The chosen strikes are 5. 5% and 8.
5% below the current price, placing the short put at a delta likely around 0. 25-0. 30, which is appropriate for a credit spread.
The $5 spread width is manageable relative to the stock price, and the estimated $1. 50 credit meets the critical 0. 30 credit/width ratio, providing a decent buffer.
This is not a 5. 0 perfect setup due to the concerning momentum and extended valuation, but for a trader willing to accept moderate risk on a potential mean-reversion or consolidation play, it offers a reasonable risk/reward. Strict position sizing is essential.