Rating
4.5 / 5
Recommendation
Open trade
Credit put spread analysis · · Strong setup
IV Rank
32
Implied volatility percentile
Trend
0.87
Long-term trend score
Safety
6/9
Quality checks passed
Drop
-5.1%
Day 2 of drop
Reversal
Doji
Day 3
1Y Change
15.8%
Trailing 12 months
Earnings
Clear
No event in window
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Apr 16, 2026.
Sell
$76.00
Short put (collects premium)
Buy
$72.00
Long put (caps risk)
- Width
- $4.00
- Estimated credit
- $3.25
- Max risk
- $0.75
- Return on risk
- 433.3%
- Expiration
- Apr 16, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Earlier analyses
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This drop in OKE presents a strong opportunity for a credit put spread. The stock is down -5.08% and shows a doji reversal signal, indicating a potential trend change. With an IV of 10% and being up 15.8% over 2 months,…
AI analysis
Options Trading Expert · Feb 26, 2026
With a 5. 08% drop yesterday, OKE presents a strong opportunity for a credit put spread. The current stock price is $82.
77, which suggests using a sell strike around $74. 50 to $76. 50 and a buy strike around $70.
00 to $72. 00. This spread would be approximately 8-10% below the current price, which aligns with our guidance.
The stock has shown strength over the past two months, up 15. 8%, and has an 87% trend and 6/9 safety score, indicating a bullish outlook. However, the drop may signal a short-term reversal, making a credit put spread attractive.
The Implied Volatility (IV) of 32% is also worth noting, which can add to the potential credit.