GE Credit Put Spread (Bull Put) — Jun 18, 2026

GE (GENERAL ELECTRIC COMPANY COM) presents a credit put spread (bull put) opportunity with elevated implied volatility. IV Rank 59. IV 3334.0% trades 449.0pp above 30-day HV (2885.0%). This setup favors net premium sellers.

Sell the $260 put and buy the $250 put for protection. Bullish setup — profits if GE stays above $260 at expiration. Defined risk equal to the spread width minus credit collected. Underlying ~$286.68, 44 DTE. Max profit $172 per contract, max loss $829, 20.7% return on risk, 78% POP. Breakeven at $258.29.

Management: take profit at ~50% of max profit ($86). Cut at 2x credit ($343 loss). If short strike is breached with > 14 DTE, consider rolling out for a credit. Close before expiration week to avoid gamma risk.

Underlying: GE @ ~$286.68 Expiration: Jun 18, 2026 (44 DTE) Legs:

• Sell GE Jun 18, 2026 $260 Put (delta -0.22, mid $4.80)
• Buy GE Jun 18, 2026 $250 Put (delta -0.15, mid $3.08)

Use limit orders at the mid or slightly worse. Verify bid-ask spread (currently ~6.3% of mid) before sending.

Take profit at 50% of max profit ($86). Cut loss if position reaches 2x credit received ($343 loss). Roll if tested with > 14 DTE remaining.