Bear Put Spreads Below the 200-Day
Bear Put Spread7 trades pass on GIS
- Return on risk
- 31.6% to 300.0%
- Probability of profit
- 36.1% to 61.3%
General Mills Inc · Consumer
As of the close on . In the app, data is refreshed intraday.
GIS closed at $32.01 on Oct 2, 2026 with 30-day implied volatility of 32.9%. That is in the upper half of its one-year range (IV rank 66), so premiums are somewhat richer than usual for GIS. Measured by IV percentile, IV is higher than 78% of the past year's readings. Options expiring Oct 16 (14 days out) price a one standard deviation move of about $2.26, or 7.1%.
The price is below both its 50-day (-13.7%) and 200-day (-17.6%) moving averages. It is trading within 1.1% of its 52-week low. The 14-day RSI of 26.7 is under 30, a level often described as oversold. The 14-day average true range is $1.11, about 3.5% of the price, a measure of a typical day's range.
Option volume at the close (7.93K contracts) was 1.0x its average, close to normal. A negative beta of -0.31 means GIS has tended to move against the broad market. 2 of our preset screens found trades on GIS at the close, led by Bear Put Spreads Below the 200-Day with 7 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 16, 202614 days | 36.0% | ±$2.26 (7.1%) | $29.75 to $34.27 | $1.85 |
| Nov 20, 202649 days | 31.8% | ±$3.73 (11.7%) | $28.28 to $35.74 | $3.00 |
| Dec 18, 202677 days | 33.2% | ±$4.88 (15.2%) | $27.13 to $36.89 | $3.90 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for GIS from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
7 trades pass on GIS
1 trade passes on GIS
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.