Sell a put while holding cash to buy 100 shares at the strike if assigned. The premium is kept either way; if the stock falls below the strike, assignment buys shares at an effective price of strike − premium.
Premiums start as Black-Scholes model values — overwrite them with your broker’s real quotes for exact numbers.
| price | today | +4d | +8d | +11d | +15d | +19d | +23d | +26d | expiry |
|---|---|---|---|---|---|---|---|---|---|
| 130.0 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 |
| 125.0 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 |
| 120.0 | 132 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 |
| 115.0 | 129 | 131 | 132 | 132 | 133 | 133 | 133 | 133 | 133 |
| 110.0 | 119 | 123 | 127 | 129 | 132 | 133 | 133 | 133 | 133 |
| 105.0 | 85 | 96 | 106 | 113 | 121 | 128 | 132 | 133 | 133 |
| 100.0 | 0 | 18 | 36 | 50 | 70 | 92 | 113 | 127 | 133 |
| 95.0 | -176 | -156 | -134 | -116 | -89 | -58 | -20 | 16 | 133 |
| 90.0 | -470 | -455 | -440 | -428 | -411 | -394 | -377 | -368 | -367 |
| 85.0 | -872 | -867 | -863 | -860 | -858 | -858 | -860 | -863 | -867 |
| 80.0 | −1.3k | −1.3k | −1.3k | −1.3k | −1.4k | −1.4k | −1.4k | −1.4k | −1.4k |
| 75.0 | −1.8k | −1.8k | −1.8k | −1.8k | −1.9k | −1.9k | −1.9k | −1.9k | −1.9k |
| 70.0 | −2.3k | −2.3k | −2.3k | −2.3k | −2.4k | −2.4k | −2.4k | −2.4k | −2.4k |
Dollar P&L for the whole position. Pre-expiry cells are model values (constant IV); real marks will differ with volatility and skew.
An options position is a view on the company underneath. Our SEC-grounded verdicts, quality scores and filings coverage are free for every US-listed name.
Educational model, not trade advice. Options involve substantial risk and are not suitable for every investor — read the OCC’s Characteristics and Risks of Standardized Options. Model values use Black-Scholes with your inputs (constant volatility, European exercise, no dividends) and will differ from live market prices.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.