Rank #4 in Official Top 20Official AM Publication15-Min Delayed Feed
IGV $98.00 Cash-Secured Put
iShares Expanded Tech-Software Sector ETF (Index / Sector ETF) • Expiring 2026-11-06 (18 calendar days) • OCC: IGV261106P00098000
Annualized Yield
24.4%
$1.18 bid ($118 premium upfront)
Downside Cushion
6.7%
$96.82 breakeven vs $105.02 spot
Cash Collateral
$9,800
100 shares reserved at $98.00 strike
Assignment Risk & Payoff Reality
If IGV closes below $98.00 on Nov 6, 2026, you'll buy 100 shares at $98.00, effectively $96.82 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.