RMD
ResMed
Rating 4.2 / 5 Recommendation Hold

Credit put spread analysis · · Good setup

IV Rank
53
Implied volatility percentile
Trend
0.64
Long-term trend score
Safety
5/8
Quality checks passed
Drop
-5.3%
Day 2 of drop
1Y Change
6.6%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The stock has dropped 5. 35% recently which could indicate a good entry point for a credit put spread. However, the current IV is quite high at 53% which might reduce potential profit.

Let's wait for a bit to see if IV comes down. If it does, we can open a credit put spread with the following terms: expiration date 2026-03-27, sellStrike $245, buyStrike $235, estimatedCredit $10. 00.