Rating
4.3 / 5
Recommendation
Hold
Credit put spread analysis · · Good setup
IV Rank
100
Implied volatility percentile
Trend
0.73
Long-term trend score
Safety
5/9
Quality checks passed
Drop
-7.5%
Day 2 of drop
1Y Change
28.1%
Trailing 12 months
Earnings
Clear
No event in window
Earlier analyses
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The -7.49% drop in MRNA presents a strong opportunity for a credit put spread. The stock has been on an upward trend and has a solid safety score. Although there's no reversal signal yet, the recent drop might attract bu…
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The stock has dropped 7.49% which could indicate a good entry point for a credit put spread trade. The stock is up 28.1% over the past 2 months, indicating a strong positive trend with high implied volatility of 71%. How…
AI analysis
Options Trading Expert · Mar 31, 2026
The stock has seen a significant drop of -7.49% recently, but the overall trend is still up by 28.1% over two months. The safety rating is at a moderate 5/9, and implied volatility is at a high 100%. This setup presents a decent opportunity for a credit put spread.
For an OPEN recommendation, we could sell the put at a strike price of $47.50 and buy the put at a strike price of $45, giving us a spread width of $2.50 (5% of the current stock price). This setup should provide a realistic credit of around $1.20.
However, given the high implied volatility and the recent drop, there is a risk of further downward movement. Therefore, it might be beneficial to WAIT and see if the price stabilizes before entering the position. Keep an eye on the reversal signals to determine the best entry point.