Rank #4 in Official Top 20Official AM Publication15-Min Delayed Feed
SNOW $280.00 Cash-Secured Put
Snowflake Inc. (Technology) • Expiring 2026-11-27 (38 calendar days) • OCC: SNOW261127P00280000
Annualized Yield
39.2%
$11.44 bid ($1,144 premium upfront)
Downside Cushion
9.8%
$268.56 breakeven vs $310.54 spot
Cash Collateral
$28,000
100 shares reserved at $280.00 strike
Assignment Risk & Payoff Reality
If SNOW closes below $280.00 on Nov 27, 2026, you'll buy 100 shares at $280.00, effectively $268.56 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.