Cash Secured Put
In this strategy, an investor sells a put option and simultaneously sets aside enough cash to buy the stock. The goal is to be assigned the stock at a desirable price and generate income from the option premium. Investors typically use a cash secured put strategy when they have a neutral to bullish outlook on the stock and view a potential assignment as an opportunity to buy the asset at a desirable price.
Upgrade to unlock advanced probability and risk metrics.
Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BMY | BMY Leg 1 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
Trade Information
Cash Secured Put
SELL -1 BMY Dec 11, 2026 61.00 put @$1.21
Stock
BMY Current Price
$63.41 USD
BMY Breakeven Price
Above $59.79 (-5.71%)
Trade Details
Cost of Trade
-$121.00 USD
Maximum Profit
$121.00
Maximum Loss
-$5,979.00
CVaR
Probability Analysis
Probability of Profit (PoP)
Probability of Max Profit
Probability of Max Loss
Risk Reward Analysis
Expected Value (EV)
Expected Return (EV/risk)
Reward/Risk
Position Greeks
Delta (Δ)
Gamma (Γ)
Theta (Θ)
Vega (ν)