// CASH-SECURED PUT — INCOME & ASSIGNMENT
Get paid to wait for your price.
Ladder your short puts across strikes and see the premium you collect, the collateral you tie up, your break-even, and the cost basis you land if you get assigned — plus return on collateral, annualized.
Setup
Put ladder
StrikePremiumQty
$
$
Each contract secures 100 shares of collateral. Premium is per share.
Premium Collected · Max Profit
+$200.00+2.00% on collateral
+24.33% annualized
Position
Collateral Required
$10,000.00
Cost Basis if Assigned
$98.00
Cushion to Break-Even
+6.67%
Contracts
1
100 shares
Max Loss
−$9,800.00
if underlying → 0
Annualized Return
+24.33%
Expires worthless
Keep the full $200.00 premium — 2.00% on $10,000.00 of collateral.
Fully assigned
Own 100 shares at $98.00 cost basis — $9,800.00 net deployed.
Annual projection
Running this same trade every 30-day cycle — about 12 trades a year.
Premium Collected / Year
$2,400.00
12 trades × $200.00
Annual Return
24.00%
on $10,000.00 collateral, redeployed each cycle
Per-strike
StrikeBreak-EvenIncomeCollateralROCCushion
$100.00$98.00+$200.00$10,000.002.00%+4.76%
Blended$98.00+$200.00$10,000.002.00%+6.67%
Payoff at expiration
Strikes Spot Break-even
Blended break-even$98.00