Rating
4.2 / 5
Recommendation
Open trade
Credit put spread analysis · · Good setup
IV Rank
37
Implied volatility percentile
Trend
0.76
Long-term trend score
Safety
5/9
Quality checks passed
Drop
-5.3%
Day 3 of drop
1Y Change
13.4%
Trailing 12 months
Earnings
Clear
No event in window
Recommended credit put spread
AI-suggested setup based on the latest screen. Expiration Apr 9, 2026.
Sell
$43.00
Short put (collects premium)
Buy
$40.00
Long put (caps risk)
- Width
- $3.00
- Estimated credit
- $2.20
- Max risk
- $0.80
- Return on risk
- 275.0%
- Expiration
- Apr 9, 2026
For entertainment purposes only. Not a recommendation to trade. Disclaimer.
AI analysis
Options Trading Expert · Mar 4, 2026
The -5. 25% drop in SLB presents a solid credit put spread opportunity. The stock is up 13.
4% over the past 2 months, indicating a positive trend, and the Safety rating of 5/9 suggests stable conditions. However, the Implied Volatility (IV) of 37% is relatively low, which could limit potential credit. Given the current stock price of $47.
40, I recommend the following: sellStrike at $43 (9. 5% below current price), buyStrike at $40 (7. 6% below sellStrike), and an estimated credit around $2.
20. This spread width of $3 is appropriate, considering the 7. 6% difference between the strikes and the 5-10% guideline.