Rank #4 in Official Top 20Official AM Publication15-Min Delayed Feed
PANW $335.00 Cash-Secured Put
Palo Alto Networks, Inc. (Technology) • Expiring 2026-11-13 (22 calendar days) • OCC: PANW261113P00335000
Annualized Yield
56.1%
$11.32 bid ($1,132 premium upfront)
Downside Cushion
7.4%
$323.68 breakeven vs $361.89 spot
Cash Collateral
$33,500
100 shares reserved at $335.00 strike
Assignment Risk & Payoff Reality
If PANW closes below $335.00 on Nov 13, 2026, you'll buy 100 shares at $335.00, effectively $323.68 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.