Rank #1 in Official Top 20Official AM Publication15-Min Delayed Feed
AMAT $445.00 Cash-Secured Put
Applied Materials, Inc. (Technology) • Expiring 2026-11-06 (25 calendar days) • OCC: AMAT261106P00445000
Annualized Yield
20.9%
$6.37 bid ($637 premium upfront)
Downside Cushion
9.9%
$438.63 breakeven vs $494.10 spot
Cash Collateral
$44,500
100 shares reserved at $445.00 strike
Assignment Risk & Payoff Reality
If AMAT closes below $445.00 on Nov 6, 2026, you'll buy 100 shares at $445.00, effectively $438.63 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike. It does not provide capital protection or guarantee against losses from extreme market volatility.