Cash-Secured Put Entries on Mega Caps
Cash-Secured Put35 trades pass on AAPL
- Annualized return
- 2.6% to 15.9%
- Probability of profit
- 76.5% to 98.6%
Apple Inc. · Technology
In the app, stock prices are live and options data is refreshed intraday.
AAPL last closed at $356.27 with 30-day implied volatility of 21.8%. That is in the lower half of its one-year range (IV rank 28), so premiums are on the modest side for AAPL. Measured by IV percentile, IV is higher than 11% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $21.40, or 6.0%.
The price is above both its 50-day (+5.1%) and 200-day (+18.7%) moving averages. It is trading within 0.0% of its 52-week high. The 14-day RSI of 60.7 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $8.25, about 2.3% of the price, a measure of a typical day's range.
Option volume at the close (568K contracts) was 0.6x its average, quieter than usual. A beta of 0.64 means AAPL has tended to move about 0.6 times as much as the broad market. 6 of our preset screens found trades on AAPL at the close, led by Cash-Secured Put Entries on Mega Caps with 35 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Nov 16, 20263 days | 14.9% | ±$4.81 (1.4%) | $351.46 to $361.08 | $3.95 |
| Dec 11, 202628 days | 21.7% | ±$21.40 (6.0%) | $334.87 to $377.67 | $17.13 |
| Jan 15, 202763 days | 22.5% | ±$33.33 (9.4%) | $322.94 to $389.60 | $26.63 |
| Feb 19, 202798 days | 25.0% | ±$46.09 (12.9%) | $310.18 to $402.36 | $36.73 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for AAPL from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
35 trades pass on AAPL
20 trades pass on AAPL
16 trades pass on AAPL
6 trades pass on AAPL
5 trades pass on AAPL
2 trades pass on AAPL
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.