WMB · Cash-Secured-Puts

Williams Companies, Inc. (The) Common Stock (WMB) cash-secured puts

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

$74.27
Modelled strike
$71.00
Modelled premium
$0.37
Cash required
$7,100.00
Breakeven
$70.63
Downside buffer
4.9%
Period return
0.5%
Annualized return
46.1%
Days to expiration
5
Strategy payoffModelled cash-secured put payoff. Spot $74.27. Expiry maximum profit $37.00 · Expiry maximum loss -$7,063.00 · Expiry breakevens $70.63. 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.

$37.135: Expiration P/L: -$3,349.50 Update time unavailable
Event / reference markers
  • Spot: $74.27
  • Expiry breakeven $70.63: $70.63
  • sell put strike $71.00: $71.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$3,349.50Update time unavailable
-$3,275.23Update time unavailable
-$3,200.96Update time unavailable
-$3,126.69Update time unavailable
-$3,052.42Update time unavailable
-$2,978.15Update time unavailable
-$2,903.88Update time unavailable
-$2,829.61Update time unavailable
-$2,755.34Update time unavailable
-$2,681.07Update time unavailable
-$2,606.80Update time unavailable
-$2,532.53Update time unavailable
-$2,458.26Update time unavailable
-$2,383.99Update time unavailable
-$2,309.72Update time unavailable
-$2,235.45Update time unavailable
-$2,161.18Update time unavailable
-$2,086.91Update time unavailable
-$2,012.64Update time unavailable
-$1,938.37Update time unavailable
-$1,864.10Update time unavailable
-$1,789.83Update time unavailable
-$1,715.56Update time unavailable
-$1,641.29Update time unavailable
-$1,567.02Update time unavailable
-$1,492.75Update time unavailable
-$1,418.48Update time unavailable
-$1,344.21Update time unavailable
-$1,269.94Update time unavailable
-$1,195.67Update time unavailable
-$1,121.40Update time unavailable
-$1,047.13Update time unavailable
-$972.86Update time unavailable
-$898.59Update time unavailable
-$824.32Update time unavailable
-$750.05Update time unavailable
-$675.78Update time unavailable
-$601.51Update time unavailable
-$527.24Update time unavailable
-$452.97Update time unavailable
-$378.70Update time unavailable
-$304.43Update time unavailable
-$230.16Update time unavailable
-$155.89Update time unavailable
-$81.62Update time unavailable
-$7.35Update time unavailable
-$0.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Spot referenceUpdate time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update time unavailable
$37.00Update 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 $70.63 per share after premium; the shares can keep falling.

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Data provenance

Figures are from published, reviewed research as of Oct 28, 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.