PURR · Cash-Secured-Puts

Hyperliquid Strategies Inc (PURR) cash-secured puts

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

$12.29
Modelled strike
$9.50
Modelled premium
$0.15
Cash required
$950.00
Breakeven
$9.35
Downside buffer
23.9%
Period return
1.5%
Annualized return
120.4%
Days to expiration
7
Strategy payoffModelled cash-secured put payoff. Spot $12.29. Expiry maximum profit $15.00 · Expiry maximum loss -$935.00 · Expiry breakevens $9.35. 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.

$6.145: Expiration P/L: -$320.50 Update time unavailable
Event / reference markers
  • Spot: $12.29
  • Expiry breakeven $9.35: $9.35
  • sell put strike $9.50: $9.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$320.50Update time unavailable
-$308.21Update time unavailable
-$295.92Update time unavailable
-$283.63Update time unavailable
-$271.34Update time unavailable
-$259.05Update time unavailable
-$246.76Update time unavailable
-$234.47Update time unavailable
-$222.18Update time unavailable
-$209.89Update time unavailable
-$197.60Update time unavailable
-$185.31Update time unavailable
-$173.02Update time unavailable
-$160.73Update time unavailable
-$148.44Update time unavailable
-$136.15Update time unavailable
-$123.86Update time unavailable
-$111.57Update time unavailable
-$99.28Update time unavailable
-$86.99Update time unavailable
-$74.70Update time unavailable
-$62.41Update time unavailable
-$50.12Update time unavailable
-$37.83Update time unavailable
-$25.54Update time unavailable
-$13.25Update time unavailable
-$0.96Update time unavailable
-$0.00Update time unavailable
$11.33Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Spot referenceUpdate time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
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$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
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$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
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$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update 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 $9.35 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.