Rank #2 in Official Top 20Official AM Publication15-Min Delayed Feed
MU $770.00 Cash-Secured Put
Micron Technology, Inc. (Technology) • Expiring 2026-11-27 (35 calendar days) • OCC: MU261127P00770000
Annualized Yield
30.4%
$22.44 bid ($2,244 premium upfront)
Downside Cushion
12.7%
$747.56 breakeven vs $881.61 spot
Cash Collateral
$77,000
100 shares reserved at $770.00 strike
Assignment Risk & Payoff Reality
If MU closes below $770.00 on Nov 27, 2026, you'll buy 100 shares at $770.00, effectively $747.56 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.