Rank #1 in Official Top 20Official AM Publication15-Min Delayed Feed
HPQ $29.00 Cash-Secured Put
HP Inc. (Technology) • Expiring 2026-11-13 (23 calendar days) • OCC: HPQ261113P00029000
Annualized Yield
37.8%
$0.69 bid ($69 premium upfront)
Downside Cushion
7.3%
$28.31 breakeven vs $31.30 spot
Cash Collateral
$2,900
100 shares reserved at $29.00 strike
Assignment Risk & Payoff Reality
If HPQ closes below $29.00 on Nov 13, 2026, you'll buy 100 shares at $29.00, effectively $28.31 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.