PDD · Cash-Secured-Puts

PDD Holdings Inc. (PDD) cash-secured puts

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

$79.28
Modelled strike
$72.00
Modelled premium
$0.59
Cash required
$7,200.00
Breakeven
$71.41
Downside buffer
9.9%
Period return
0.8%
Annualized return
17.1%
Days to expiration
19
Strategy payoffModelled cash-secured put payoff. Spot $79.28. Expiry maximum profit $59.00 · Expiry maximum loss -$7,141.00 · Expiry breakevens $71.41. 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.

$39.64: Expiration P/L: -$3,177.00 Update time unavailable
Event / reference markers
  • Spot: $79.28
  • Expiry breakeven $71.41: $71.41
  • sell put strike $72.00: $72.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$3,177.00Update time unavailable
-$3,097.72Update time unavailable
-$3,018.44Update time unavailable
-$2,939.16Update time unavailable
-$2,859.88Update time unavailable
-$2,780.60Update time unavailable
-$2,701.32Update time unavailable
-$2,622.04Update time unavailable
-$2,542.76Update time unavailable
-$2,463.48Update time unavailable
-$2,384.20Update time unavailable
-$2,304.92Update time unavailable
-$2,225.64Update time unavailable
-$2,146.36Update time unavailable
-$2,067.08Update time unavailable
-$1,987.80Update time unavailable
-$1,908.52Update time unavailable
-$1,829.24Update time unavailable
-$1,749.96Update time unavailable
-$1,670.68Update time unavailable
-$1,591.40Update time unavailable
-$1,512.12Update time unavailable
-$1,432.84Update time unavailable
-$1,353.56Update time unavailable
-$1,274.28Update time unavailable
-$1,195.00Update time unavailable
-$1,115.72Update time unavailable
-$1,036.44Update time unavailable
-$957.16Update time unavailable
-$877.88Update time unavailable
-$798.60Update time unavailable
-$719.32Update time unavailable
-$640.04Update time unavailable
-$560.76Update time unavailable
-$481.48Update time unavailable
-$402.20Update time unavailable
-$322.92Update time unavailable
-$243.64Update time unavailable
-$164.36Update time unavailable
-$85.08Update time unavailable
-$5.80Update time unavailable
-$0.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Spot referenceUpdate time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update time unavailable
$59.00Update 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 $71.41 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.