Rank #5 in Official Top 20Official AM Publication15-Min Delayed Feed
CRM $230.00 Cash-Secured Put
Salesforce Inc. (Technology) • Expiring 2026-11-20 (29 calendar days) • OCC: CRM261120P00230000
Annualized Yield
28.5%
$5.20 bid ($520 premium upfront)
Downside Cushion
6.5%
$224.80 breakeven vs $246.11 spot
Cash Collateral
$23,000
100 shares reserved at $230.00 strike
Assignment Risk & Payoff Reality
If CRM closes below $230.00 on Nov 20, 2026, you'll buy 100 shares at $230.00, effectively $224.80 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.