Rating
4.3 / 5
Recommendation
Open trade
Credit put spread analysis · · Good setup
IV Rank
76
Implied volatility percentile
Trend
0.93
Long-term trend score
Safety
7/9
Quality checks passed
Drop
-7.5%
Day 3 of drop
Reversal
Hammer
Day 3
1Y Change
47.2%
Trailing 12 months
Earnings
Clear
No event in window
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration May 14, 2026.
Sell
$70.00
Short put (collects premium)
Buy
$65.00
Long put (caps risk)
- Width
- $5.00
- Estimated credit
- $2.50
- Max risk
- $2.50
- Return on risk
- 100.0%
- Expiration
- May 14, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Trade history on LYB
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 |
|---|---|---|---|---|---|
| Apr 12, 2026 | $68.00/$64.00 | May 14, 2026 | $3.25 | $1.11 | Win · time_stop_21dte |
Earlier analyses
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The stock has dropped significantly, presenting a strong opportunity for a credit put spread. However, the high implied volatility (IV) and recent trend upwards are causing some concern. If the stock continues to rebound…
AI analysis
Options Trading Expert · Apr 9, 2026
The -7.53% drop in LYB presents a strong opportunity for a credit put spread. The stock's recent 47.2% increase over two months and a current trend of 93% indicate a potential pullback. With a safety rating of 7/9 and IV at 76%, the conditions are favorable.
For this trade, sell the $70 put and buy the $65 put, giving us a spread width of 5%. This aligns with the guidance of having a spread width of 5-10% of the current stock price.
Expected credit: $2.50 Expiration date: 2026-05-15