Rank #3 in Official Top 20Official AM Publication15-Min Delayed Feed
CRM $215.00 Cash-Secured Put
Salesforce Inc. (Technology) • Expiring 2026-11-06 (17 calendar days) • OCC: CRM261106P00215000
Annualized Yield
17.3%
$1.73 bid ($173 premium upfront)
Downside Cushion
10.7%
$213.27 breakeven vs $240.84 spot
Cash Collateral
$21,500
100 shares reserved at $215.00 strike
Assignment Risk & Payoff Reality
If CRM closes below $215.00 on Nov 6, 2026, you'll buy 100 shares at $215.00, effectively $213.27 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.