Rank #3 in Official Top 20Official AM Publication15-Min Delayed Feed
HPQ $29.00 Cash-Secured Put
HP Inc. (Technology) • Expiring 2026-11-06 (22 calendar days) • OCC: HPQ261106P00029000
Annualized Yield
51.5%
$0.90 bid ($90 premium upfront)
Downside Cushion
6.3%
$28.10 breakeven vs $30.96 spot
Cash Collateral
$2,900
100 shares reserved at $29.00 strike
Assignment Risk & Payoff Reality
If HPQ closes below $29.00 on Nov 6, 2026, you'll buy 100 shares at $29.00, effectively $28.10 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.