Rank #5 in Official Top 20Official AM Publication15-Min Delayed Feed
ADBE $240.00 Cash-Secured Put
Adobe Inc. (Technology) • Expiring 2026-11-27 (35 calendar days) • OCC: ADBE261127P00240000
Annualized Yield
15.6%
$3.59 bid ($359 premium upfront)
Downside Cushion
10.0%
$236.41 breakeven vs $266.79 spot
Cash Collateral
$24,000
100 shares reserved at $240.00 strike
Assignment Risk & Payoff Reality
If ADBE closes below $240.00 on Nov 27, 2026, you'll buy 100 shares at $240.00, effectively $236.41 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.