IBM · Cash-Secured-Puts
International Business Machines Corporation Common Stock (IBM) cash-secured puts
A modelled cash-secured put from the published implied volatility, with breakeven and buffer.
- Modelled strike
- $200.00
- Modelled premium
- $1.53
- Cash required
- $20,000.00
- Breakeven
- $198.47
- Downside buffer
- 10.0%
- Period return
- 0.8%
- Annualized return
- 21.9%
- Days to expiration
- 14
Update time unavailable
Loading graph — the exact table is available below.
$110.255Expiration P/L -$8,821.50Update time unavailable
Event / reference markers
- Spot: $220.51
- Expiry breakeven $198.47: $198.47
- sell put strike $200.00: $200.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$8,821.50 | Update time unavailable | ||
| -$8,600.99 | Update time unavailable | ||
| -$8,380.48 | Update time unavailable | ||
| -$8,159.97 | Update time unavailable | ||
| -$7,939.46 | Update time unavailable | ||
| -$7,718.95 | Update time unavailable | ||
| -$7,498.44 | Update time unavailable | ||
| -$7,277.93 | Update time unavailable | ||
| -$7,057.42 | Update time unavailable | ||
| -$6,836.91 | Update time unavailable | ||
| -$6,616.40 | Update time unavailable | ||
| -$6,395.89 | Update time unavailable | ||
| -$6,175.38 | Update time unavailable | ||
| -$5,954.87 | Update time unavailable | ||
| -$5,734.36 | Update time unavailable | ||
| -$5,513.85 | Update time unavailable | ||
| -$5,293.34 | Update time unavailable | ||
| -$5,072.83 | Update time unavailable | ||
| -$4,852.32 | Update time unavailable | ||
| -$4,631.81 | Update time unavailable | ||
| -$4,411.30 | Update time unavailable | ||
| -$4,190.79 | Update time unavailable | ||
| -$3,970.28 | Update time unavailable | ||
| -$3,749.77 | Update time unavailable | ||
| -$3,529.26 | Update time unavailable | ||
| -$3,308.75 | Update time unavailable | ||
| -$3,088.24 | Update time unavailable | ||
| -$2,867.73 | Update time unavailable | ||
| -$2,647.22 | Update time unavailable | ||
| -$2,426.71 | Update time unavailable | ||
| -$2,206.20 | Update time unavailable | ||
| -$1,985.69 | Update time unavailable | ||
| -$1,765.18 | Update time unavailable | ||
| -$1,544.67 | Update time unavailable | ||
| -$1,324.16 | Update time unavailable | ||
| -$1,103.65 | Update time unavailable | ||
| -$883.14 | Update time unavailable | ||
| -$662.63 | Update time unavailable | ||
| -$442.12 | Update time unavailable | ||
| -$221.61 | Update time unavailable | ||
| -$1.10 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Spot reference | Update time unavailable | |
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | Update time unavailable | ||
| $153.00 | 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 $198.47 per share after premium; the shares can keep falling.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 7, 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.