Rating
2.5 / 5
AI signal
Hold signal
Credit put spread analysis · · Moderate setup
IV Rank
100
Implied volatility percentile
Trend
0.82
Long-term trend score
Safety
7/10
Quality checks passed
Drop
-8.7%
Day 4 of drop
1Y Change
57.8%
Trailing 12 months
Earnings
Clear
No event in window
Earlier analyses
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Credit here has to justify the gap risk — and at $5.18, the stock is a falling knife after a 58% run. IV is rich at 93%, but that's just pricing in the inherent volatility of a low-priced, speculative name. The chart sho…
AI analysis
Options Trader · Jul 8, 2026
The chart tells an interesting story here: a 57% run-up over two months culminating in an 8. 6% flush-out. That's a classic profit-taking shakeout, but the floor is thin — the next real support is miles below at $4.
00. IV at 86% is rich, but that's the only thing paying us. At $5.
16, a 7% OTM put lands at $4. 80, which is just a hair above yesterday's low. That's too close for comfort for a defined-risk play; you're selling a strike that could get tagged on the next down day.
The math says the premium is decent, but the chart says the risk of a retest is high. I'd need to see a few days of consolidation above $5. 00 before selling puts into this air pocket.