AMGN · Cash-Secured-Puts

Amgen Inc. (AMGN) cash-secured puts

A modelled cash-secured put from the published implied volatility, with breakeven and buffer.

$451.83
Modelled strike
$425.00
Modelled premium
$1.84
Cash required
$42,500.00
Breakeven
$423.16
Downside buffer
6.3%
Period return
0.4%
Annualized return
30.1%
Days to expiration
6
Strategy payoffModelled cash-secured put payoff. Spot $451.83. Expiry maximum profit $184.00 · Expiry maximum loss -$42,316.00 · Expiry breakevens $423.16. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$225.915: Expiration P/L: -$19,724.50 Update time unavailable
Event / reference markers
  • Spot: $451.83
  • Expiry breakeven $423.16: $423.16
  • sell put strike $425.00: $425.00
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$19,724.50Update time unavailable
-$19,272.67Update time unavailable
-$18,820.84Update time unavailable
-$18,369.01Update time unavailable
-$17,917.18Update time unavailable
-$17,465.35Update time unavailable
-$17,013.52Update time unavailable
-$16,561.69Update time unavailable
-$16,109.86Update time unavailable
-$15,658.03Update time unavailable
-$15,206.20Update time unavailable
-$14,754.37Update time unavailable
-$14,302.54Update time unavailable
-$13,850.71Update time unavailable
-$13,398.88Update time unavailable
-$12,947.05Update time unavailable
-$12,495.22Update time unavailable
-$12,043.39Update time unavailable
-$11,591.56Update time unavailable
-$11,139.73Update time unavailable
-$10,687.90Update time unavailable
-$10,236.07Update time unavailable
-$9,784.24Update time unavailable
-$9,332.41Update time unavailable
-$8,880.58Update time unavailable
-$8,428.75Update time unavailable
-$7,976.92Update time unavailable
-$7,525.09Update time unavailable
-$7,073.26Update time unavailable
-$6,621.43Update time unavailable
-$6,169.60Update time unavailable
-$5,717.77Update time unavailable
-$5,265.94Update time unavailable
-$4,814.11Update time unavailable
-$4,362.28Update time unavailable
-$3,910.45Update time unavailable
-$3,458.62Update time unavailable
-$3,006.79Update time unavailable
-$2,554.96Update time unavailable
-$2,103.13Update time unavailable
-$1,651.30Update time unavailable
-$1,199.47Update time unavailable
-$747.64Update time unavailable
-$295.81Update time unavailable
-$0.00Update time unavailable
$156.02Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Spot referenceUpdate time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable
$184.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $423.16 per share after premium; the shares can keep falling.

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Data provenance

Figures are from published, reviewed research as of Oct 28, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.