Rank #4 in Official Top 20Official AM Publication15-Min Delayed Feed
PANW $325.00 Cash-Secured Put
Palo Alto Networks, Inc. (Technology) • Expiring 2026-11-13 (21 calendar days) • OCC: PANW261113P00325000
Annualized Yield
41.1%
$7.69 bid ($769 premium upfront)
Downside Cushion
8.5%
$317.31 breakeven vs $355.26 spot
Cash Collateral
$32,500
100 shares reserved at $325.00 strike
Assignment Risk & Payoff Reality
If PANW closes below $325.00 on Nov 13, 2026, you'll buy 100 shares at $325.00, effectively $317.31 after the income. Losses grow the further it falls.
Downside cushion measures the distance from spot price to strike.