SNAP · Cash-Secured-Puts

Snap Inc. Class A Common Stock (SNAP) cash-secured puts

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

$5.68
Modelled strike
$4.50
Modelled premium
$0.03
Cash required
$450.00
Breakeven
$4.47
Downside buffer
21.3%
Period return
0.7%
Annualized return
53.0%
Days to expiration
6
Strategy payoffModelled cash-secured put payoff. Spot $5.68. Expiry maximum profit $3.00 · Expiry maximum loss -$447.00 · Expiry breakevens $4.47. 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.

$2.84: Expiration P/L: -$163.00 Update time unavailable
Event / reference markers
  • Spot: $5.68
  • Expiry breakeven $4.47: $4.47
  • sell put strike $4.50: $4.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$163.00Update time unavailable
-$157.32Update time unavailable
-$151.64Update time unavailable
-$145.96Update time unavailable
-$140.28Update time unavailable
-$134.60Update time unavailable
-$128.92Update time unavailable
-$123.24Update time unavailable
-$117.56Update time unavailable
-$111.88Update time unavailable
-$106.20Update time unavailable
-$100.52Update time unavailable
-$94.84Update time unavailable
-$89.16Update time unavailable
-$83.48Update time unavailable
-$77.80Update time unavailable
-$72.12Update time unavailable
-$66.44Update time unavailable
-$60.76Update time unavailable
-$55.08Update time unavailable
-$49.40Update time unavailable
-$43.72Update time unavailable
-$38.04Update time unavailable
-$32.36Update time unavailable
-$26.68Update time unavailable
-$21.00Update time unavailable
-$15.32Update time unavailable
-$9.64Update time unavailable
-$3.96Update time unavailable
-$0.00Update time unavailable
$1.72Update 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
$3.00Spot 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
$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
$3.00Update time unavailable
$3.00Update time unavailable
$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 $4.47 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.