APP · Cash-Secured-Puts

Applovin Corporation (APP) cash-secured puts

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

$278.78
Modelled strike
$225.00
Modelled premium
$3.21
Cash required
$22,500.00
Breakeven
$221.79
Downside buffer
20.4%
Period return
1.4%
Annualized return
19.5%
Days to expiration
29
Strategy payoffModelled cash-secured put payoff. Spot $278.78. Expiry maximum profit $321.00 · Expiry maximum loss -$22,179.00 · Expiry breakevens $221.79. 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.

$139.39Expiration P/L -$8,240.00Update time unavailable
Event / reference markers
  • Spot: $278.78
  • Expiry breakeven $221.79: $221.79
  • sell put strike $225.00: $225.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$8,240.00Update time unavailable
-$7,961.22Update time unavailable
-$7,682.44Update time unavailable
-$7,403.66Update time unavailable
-$7,124.88Update time unavailable
-$6,846.10Update time unavailable
-$6,567.32Update time unavailable
-$6,288.54Update time unavailable
-$6,009.76Update time unavailable
-$5,730.98Update time unavailable
-$5,452.20Update time unavailable
-$5,173.42Update time unavailable
-$4,894.64Update time unavailable
-$4,615.86Update time unavailable
-$4,337.08Update time unavailable
-$4,058.30Update time unavailable
-$3,779.52Update time unavailable
-$3,500.74Update time unavailable
-$3,221.96Update time unavailable
-$2,943.18Update time unavailable
-$2,664.40Update time unavailable
-$2,385.62Update time unavailable
-$2,106.84Update time unavailable
-$1,828.06Update time unavailable
-$1,549.28Update time unavailable
-$1,270.50Update time unavailable
-$991.72Update time unavailable
-$712.94Update time unavailable
-$434.16Update time unavailable
-$155.38Update time unavailable
-$0.00Update time unavailable
$123.40Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Spot referenceUpdate time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update time unavailable
$321.00Update 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 $221.79 per share after premium; the shares can keep falling.

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Data provenance

Figures are from published, reviewed research as of Oct 6, 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.