Before you touch this spread, the math is screaming 'trap.' A 7% single-day drop on a stock that's still up 42% in two months isn't a gift—it's a volatility event priced at 66% IV. The chart shows a rocket ship that just hit turbulence; there's no established support level within 10% of here because it's never traded here before on this run.

That 'Safety: 7/9' score is a cruel joke when the trend is 57% and we just broke structure. The premium looks juicy until you realize you're selling puts into a momentum unwind with no floor in sight. For a credit put spread, you need the sell strike to be below meaningful support, and right now, that's back near $85—way too far for decent premium given the width required.

Trying to sell the $95 put (about 4. 5% OTM) against a $93 buy gives you maybe $0. 60 on a $2 spread.

That's a 0. 30 credit-to-width ratio, which passes the math test, but you're risking $140 to make $60 on a stock that just proved it can move $7 in a day. The expected move over the next 35 days is roughly ±$18.

Your short strike at $95 is well within that range, meaning the market is telling you there's a significant probability you'll get tested. The blunt truth: this is catching a falling knife while paying for the privilege. The structure teacher in me says if you absolutely must trade this, go wider and farther OTM to give yourself a chance, but the risk-first skeptic says wait for the chart to find a consolidation level.

There's no reversal signal yet—the selloff hasn't shown any signs of finding a bid. Let it settle for a week. If it stabilizes around $95-$97, then we can talk about selling the $90 put.

Right now, the risk/reward is skewed toward pain.