PLUG · Cash-Secured-Puts

Plug Power, Inc. (PLUG) cash-secured puts

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

$1.86
Modelled strike
$1.50
Modelled premium
$0.03
Cash required
$150.00
Breakeven
$1.47
Downside buffer
21.0%
Period return
2.1%
Annualized return
24.9%
Days to expiration
34
Strategy payoffModelled cash-secured put payoff. Spot $1.86. Expiry maximum profit $3.00 · Expiry maximum loss -$147.00 · Expiry breakevens $1.47. 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.

$0.93Expiration P/L -$54.00Update time unavailable
Event / reference markers
  • Spot: $1.86
  • Expiry breakeven $1.47: $1.47
  • sell put strike $1.50: $1.50
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$54.00Update time unavailable
-$52.14Update time unavailable
-$50.28Update time unavailable
-$48.42Update time unavailable
-$46.56Update time unavailable
-$44.70Update time unavailable
-$42.84Update time unavailable
-$40.98Update time unavailable
-$39.12Update time unavailable
-$37.26Update time unavailable
-$35.40Update time unavailable
-$33.54Update time unavailable
-$31.68Update time unavailable
-$29.82Update time unavailable
-$27.96Update time unavailable
-$26.10Update time unavailable
-$24.24Update time unavailable
-$22.38Update time unavailable
-$20.52Update time unavailable
-$18.66Update time unavailable
-$16.80Update time unavailable
-$14.94Update time unavailable
-$13.08Update time unavailable
-$11.22Update time unavailable
-$9.36Update time unavailable
-$7.50Update time unavailable
-$5.64Update time unavailable
-$3.78Update time unavailable
-$1.92Update time unavailable
-$0.06Update time unavailable
-$0.00Update time unavailable
$1.80Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
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$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Spot referenceUpdate time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
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$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
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$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update time unavailable
$3.00Update 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 $1.47 per share after premium; the shares can keep falling.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 6, 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.