Rating
4.3 / 5
Recommendation
Open trade
Credit put spread analysis · · Good setup
IV Rank
37
Implied volatility percentile
Trend
0.56
Long-term trend score
Safety
5/9
Quality checks passed
Drop
-7.7%
Day 5 of drop
1Y Change
18.3%
Trailing 12 months
Earnings
Clear
No event in window
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Apr 9, 2026.
Sell
$150.00
Short put (collects premium)
Buy
$138.00
Long put (caps risk)
- Width
- $12.00
- Estimated credit
- $4.50
- Max risk
- $7.50
- Return on risk
- 60.0%
- Expiration
- Apr 9, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
AI analysis
Options Trading Expert · Mar 2, 2026
NRG has seen a significant drop of -7.70% recently, which could indicate a buying opportunity. The stock is up 18.3% over the past 2 months and has a trend score of 56%. However, there is no reversal signal at this time. With an IV of 37%, there's an opportunity for a credit put spread.
For a sellStrike, consider a range of 5-15% below the current price, which would be $145.43 to $150.85 (using the current price of $162.06). A buyStrike could then be set 5-10% below that range, or between $135.37 and $140.64.
Based on the provided data, an OPEN recommendation seems warranted. However, the spread width of around $10 is slightly wider than the typical width of 5-10%.
Keep in mind, the current drop does not ensure future price movements. Always assess the overall market conditions and consider your risk tolerance before entering a position.