GAP · Cash-Secured-Puts
Gap, Inc. (The) Common Stock (GAP) cash-secured puts
A modelled cash-secured put from the published implied volatility, with breakeven and buffer.
- Modelled strike
- $20.00
- Modelled premium
- $0.20
- Cash required
- $2,000.00
- Breakeven
- $19.80
- Downside buffer
- 13.5%
- Period return
- 1.0%
- Annualized return
- 18.6%
- Days to expiration
- 21
Update time unavailable
Loading graph — the exact table is available below.
$11.445: Expiration P/L: -$835.50 Update time unavailable
Event / reference markers
- Spot: $22.89
- Expiry breakeven $19.80: $19.80
- sell put strike $20.00: $20.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$835.50 | Update time unavailable | ||
| -$812.61 | Update time unavailable | ||
| -$789.72 | Update time unavailable | ||
| -$766.83 | Update time unavailable | ||
| -$743.94 | Update time unavailable | ||
| -$721.05 | Update time unavailable | ||
| -$698.16 | Update time unavailable | ||
| -$675.27 | Update time unavailable | ||
| -$652.38 | Update time unavailable | ||
| -$629.49 | Update time unavailable | ||
| -$606.60 | Update time unavailable | ||
| -$583.71 | Update time unavailable | ||
| -$560.82 | Update time unavailable | ||
| -$537.93 | Update time unavailable | ||
| -$515.04 | Update time unavailable | ||
| -$492.15 | Update time unavailable | ||
| -$469.26 | Update time unavailable | ||
| -$446.37 | Update time unavailable | ||
| -$423.48 | Update time unavailable | ||
| -$400.59 | Update time unavailable | ||
| -$377.70 | Update time unavailable | ||
| -$354.81 | Update time unavailable | ||
| -$331.92 | Update time unavailable | ||
| -$309.03 | Update time unavailable | ||
| -$286.14 | Update time unavailable | ||
| -$263.25 | Update time unavailable | ||
| -$240.36 | Update time unavailable | ||
| -$217.47 | Update time unavailable | ||
| -$194.58 | Update time unavailable | ||
| -$171.69 | Update time unavailable | ||
| -$148.80 | Update time unavailable | ||
| -$125.91 | Update time unavailable | ||
| -$103.02 | Update time unavailable | ||
| -$80.13 | Update time unavailable | ||
| -$57.24 | Update time unavailable | ||
| -$34.35 | Update time unavailable | ||
| -$11.46 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $11.43 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Spot reference | Update time unavailable | |
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update time unavailable | ||
| $20.00 | Update 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 $19.80 per share after premium; the shares can keep falling.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 29, 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.