Credit put spread analysis · · Moderate setup
Earlier analyses
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Strip out the noise and what you've got is a crypto miner that just gave back a week's gains in one day, but the chart shows it's still holding above the June consolidation zone around $20. That's the key support floor.…
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Before you touch this spread, that 12% drop is a classic crypto volatility flush, but the Doji reversal day four suggests the selling might be exhausting itself. IV at 75% is rich versus realized vol, so we're getting pa…
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Structure-wise, the 12% flush-out is a classic volatility gift. IV at 70% is rich versus realized vol, and that Doji suggests the panic selling might be exhausting itself. The chart shows a clear bounce zone around $21.5…
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The premium math is where this gets interesting: IV is rich but justified given the stock's realized volatility, so you're getting paid for the risk. The chart shows a sharp drop, but it's still up 13% over two months, s…
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Risk-first take: This is a crypto miner with a 76% realized vol and a 12% single-day drop — the chart shows no floor, just a gap down through prior support. IV at 63% is rich, but it's barely covering the actual chaos; t…
AI analysis
Options Trader · Jul 8, 2026
[dedup-flagged] Before you touch this spread, the 7% drop is a gift for a credit put seller, but RIOT's 71% IV is only slightly rich to its 77% realized vol — you're not getting a massive edge. The chart shows a clear uptrend over two months, and this dip likely finds support near the $20 psychological level and the 50-day moving average. The risk is the sector's inherent volatility; one bad Bitcoin headline and we're testing lower.
Structure a defined-risk play: sell the $20 put, buy the $18. 50 put for a $1. 50 wide spread.
Target a conservative $0. 45 credit, giving a 0. 30 credit-to-width ratio.
It's a decent setup if you believe the trend holds.