Rank #3 in Official Top 20Official AM Publication15-Min Delayed Feed
SNOW $290.00 Cash-Secured Put
Snowflake Inc. (Technology) • Expiring 2026-11-20 (30 calendar days) • OCC: SNOW261120P00290000
Annualized Yield
32.9%
$7.84 bid ($784 premium upfront)
Downside Cushion
10.5%
$282.16 breakeven vs $324.01 spot
Cash Collateral
$29,000
100 shares reserved at $290.00 strike
Assignment Risk & Payoff Reality
If SNOW closes below $290.00 on Nov 20, 2026, you'll buy 100 shares at $290.00, effectively $282.16 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.