Rank #2 in Official Top 20Official AM Publication15-Min Delayed Feed
HPQ $28.00 Cash-Secured Put
HP Inc. (Technology) • Expiring 2026-11-13 (24 calendar days) • OCC: HPQ261113P00028000
Annualized Yield
35.3%
$0.65 bid ($65 premium upfront)
Downside Cushion
7.3%
$27.35 breakeven vs $30.21 spot
Cash Collateral
$2,800
100 shares reserved at $28.00 strike
Assignment Risk & Payoff Reality
If HPQ closes below $28.00 on Nov 13, 2026, you'll buy 100 shares at $28.00, effectively $27.35 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.