Rank #5 in Official Top 20Official AM Publication15-Min Delayed Feed
PANW $290.00 Cash-Secured Put
Palo Alto Networks, Inc. (Technology) • Expiring 2026-11-13 (23 calendar days) • OCC: PANW261113P00290000
Annualized Yield
17.7%
$3.24 bid ($324 premium upfront)
Downside Cushion
15.7%
$286.76 breakeven vs $343.99 spot
Cash Collateral
$29,000
100 shares reserved at $290.00 strike
Assignment Risk & Payoff Reality
If PANW closes below $290.00 on Nov 13, 2026, you'll buy 100 shares at $290.00, effectively $286.76 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.