DUOL · Cash-Secured-Puts

Duolingo, Inc. (DUOL) cash-secured puts

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

$135.21
Modelled strike
$115.00
Modelled premium
$0.94
Cash required
$11,500.00
Breakeven
$114.06
Downside buffer
15.6%
Period return
0.8%
Annualized return
64.4%
Days to expiration
6
Strategy payoffModelled cash-secured put payoff. Spot $135.21. Expiry maximum profit $94.00 · Expiry maximum loss -$11,406.00 · Expiry breakevens $114.06. 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.

$67.605: Expiration P/L: -$4,645.50 Update time unavailable
Event / reference markers
  • Spot: $135.21
  • Expiry breakeven $114.06: $114.06
  • sell put strike $115.00: $115.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$4,645.50Update time unavailable
-$4,510.29Update time unavailable
-$4,375.08Update time unavailable
-$4,239.87Update time unavailable
-$4,104.66Update time unavailable
-$3,969.45Update time unavailable
-$3,834.24Update time unavailable
-$3,699.03Update time unavailable
-$3,563.82Update time unavailable
-$3,428.61Update time unavailable
-$3,293.40Update time unavailable
-$3,158.19Update time unavailable
-$3,022.98Update time unavailable
-$2,887.77Update time unavailable
-$2,752.56Update time unavailable
-$2,617.35Update time unavailable
-$2,482.14Update time unavailable
-$2,346.93Update time unavailable
-$2,211.72Update time unavailable
-$2,076.51Update time unavailable
-$1,941.30Update time unavailable
-$1,806.09Update time unavailable
-$1,670.88Update time unavailable
-$1,535.67Update time unavailable
-$1,400.46Update time unavailable
-$1,265.25Update time unavailable
-$1,130.04Update time unavailable
-$994.83Update time unavailable
-$859.62Update time unavailable
-$724.41Update time unavailable
-$589.20Update time unavailable
-$453.99Update time unavailable
-$318.78Update time unavailable
-$183.57Update time unavailable
-$48.36Update time unavailable
$0.00Update time unavailable
$86.85Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Spot referenceUpdate time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update time unavailable
$94.00Update 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 $114.06 per share after premium; the shares can keep falling.

Next steps

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.