LITE · Cash-Secured-Puts

Lumentum Holdings Inc. (LITE) cash-secured puts

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

$1,111.07
Modelled strike
$865.00
Modelled premium
$13.19
Cash required
$86,500.00
Breakeven
$851.81
Downside buffer
23.3%
Period return
1.5%
Annualized return
21.0%
Days to expiration
29
Strategy payoffModelled cash-secured put payoff. Spot $1,111.07. Expiry maximum profit $1,319.00 · Expiry maximum loss -$85,181.00 · Expiry breakevens $851.81. 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.

$555.535Expiration P/L -$29,627.50Update time unavailable
Event / reference markers
  • Spot: $1,111.07
  • Expiry breakeven $851.81: $851.81
  • sell put strike $865.00: $865.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$29,627.50Update time unavailable
-$28,516.43Update time unavailable
-$27,405.36Update time unavailable
-$26,294.29Update time unavailable
-$25,183.22Update time unavailable
-$24,072.15Update time unavailable
-$22,961.08Update time unavailable
-$21,850.01Update time unavailable
-$20,738.94Update time unavailable
-$19,627.87Update time unavailable
-$18,516.80Update time unavailable
-$17,405.73Update time unavailable
-$16,294.66Update time unavailable
-$15,183.59Update time unavailable
-$14,072.52Update time unavailable
-$12,961.45Update time unavailable
-$11,850.38Update time unavailable
-$10,739.31Update time unavailable
-$9,628.24Update time unavailable
-$8,517.17Update time unavailable
-$7,406.10Update time unavailable
-$6,295.03Update time unavailable
-$5,183.96Update time unavailable
-$4,072.89Update time unavailable
-$2,961.82Update time unavailable
-$1,850.75Update time unavailable
-$739.68Update time unavailable
-$0.00Update time unavailable
$371.39Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Spot referenceUpdate time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update time unavailable
$1,319.00Update 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 $851.81 per share after premium; the shares can keep falling.

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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.

Lumentum Holdings Inc. (LITE) Cash-secured puts | Options Whale