Build a strategy Long Call Long Put Short Call Short Put Covered Call Protective Put Cash Secured Put Bull Call Spread Bull Put Spread Bear Put Spread Bear Call Spread Collar Long Straddle Short Straddle Iron Condor Calendar Spread Covered Combination Long Call Butterfly

Short Put

In this strategy, an investor sells a put option, expecting that the price of the underlying asset will remain stable or increase, allowing the investor to keep the premium received from selling the option. Investors typically use a short 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.

Upgrade now

Options

Action Qty Expiration Date Strike Type Price Delta IV
PAG PAG Leg 1
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
±100%
to
       

Trade Information

Short Put

SELL -1 PAG Feb 19, 2027 190.00 put @$0.15

Stock

PAG Current Price

$213.26 USD

PAG Breakeven Price

Above $189.85 (-10.98%)

Trade Details

Cost of Trade

-$15.00 USD

Maximum Profit

$15.00

Maximum Loss

-$18,985.00

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)