Rank #5 in Official Top 20Official AM Publication15-Min Delayed Feed
MU $810.00 Cash-Secured Put
Micron Technology, Inc. (Technology) • Expiring 2026-11-20 (31 calendar days) • OCC: MU261120P00810000
Annualized Yield
31.3%
$21.55 bid ($2,155 premium upfront)
Downside Cushion
9.1%
$788.45 breakeven vs $891.16 spot
Cash Collateral
$81,000
100 shares reserved at $810.00 strike
Assignment Risk & Payoff Reality
If MU closes below $810.00 on Nov 20, 2026, you'll buy 100 shares at $810.00, effectively $788.45 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.