Rating
4.5 / 5
Recommendation
Open trade
Credit put spread analysis · · Strong setup
IV Rank
30
Implied volatility percentile
Trend
0.70
Long-term trend score
Safety
8/9
Quality checks passed
Drop
-6.5%
Day 3 of drop
Reversal
Bullish Engulfing
Day 4
1Y Change
12.5%
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
$56.00
Short put (collects premium)
Buy
$53.00
Long put (caps risk)
- Width
- $3.00
- Estimated credit
- $3.40
- Max risk
- $-0.40
- Expiration
- Apr 16, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
Earlier analyses
-
The stock has seen a significant drop of 6.54% recently, and option premiums might be elevated due to the IV of 34%. This presents a decent opportunity to open a credit put spread. I recommend selling the $53 put and buy…
-
The stock has dropped 6.54% recently, but the overall trend is up by 12.5% over 2 months and it has a strong safety rating of 5/9. The implied volatility is at a moderate 42%. Given these factors, I recommend opening a c…
AI analysis
Options Trading Expert · Mar 9, 2026
The stock has dropped 6. 54% recently, presenting a decent opportunity for a credit put spread. It's encouraging that the stock is up 12.
5% over two months, with a bullish engulfing reversal day signal. The Trend is 70% and Safety is 8/9, both positive signs. Additionally, the IV is at 30%, which could potentially lead to a nice credit.