VTRS
Viatris
Rating 4.5 / 5 Recommendation Open trade

Credit put spread analysis · · Strong setup

IV Rank
66
Implied volatility percentile
Trend
0.80
Long-term trend score
Safety
6/9
Quality checks passed
Drop
-5.2%
Day 2 of drop
Reversal
Bullish Engulfing
Day 4
1Y Change
29.4%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The stock has seen a significant drop of 5. 16% recently, providing an opportunity for a credit put spread. The bullish engulfing reversal day 4 and the stock's trend of 80% support this move.

With the current stock price at $14. 89, we propose the following credit put spread: sell the $14 put, buy the $13 put. This spread has a width of 7% of the current stock price and is in line with the recommended strike price guidance.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Apr 9, 2026.

Sell
$14.00
Short put (collects premium)
Buy
$13.00
Long put (caps risk)
Width
$1.00
Estimated credit
$1.30
Max risk
$-0.30
Expiration
Apr 9, 2026

For entertainment purposes only. Not a recommendation to trade. Disclaimer.

Earlier analyses

  1. 4.3/5 Open trade

    The stock has seen a significant drop recently, creating a good opportunity for a credit put spread. However, the IV is fairly high which could result in higher premiums but also higher volatility. I recommend opening a…

  2. 3.5/5 Open trade

    The -5.16% drop in VTRS presents a decent setup for a credit put spread. However, there are some concerns regarding the stock's recent strong performance and high implied volatility. Let's open a position to capitalize o…