What is the best TSM cash-secured put strike today?

OptionSpeed's scanner highlights TSM strikes that meet our three filters: annualized yield ≥ 50%, downside buffer ≥ 15%, and ATR/Distance ratio ≥ 2.5. Stars on this page mark the strikes currently in our Super Stocks cache. As of this snapshot, the highest-yielding CSP candidate on TSM is the $375.00 strike at 392.7% annualized.

Is TSM a good wheel strategy stock right now?

TSM is trading at $403.41 with an ATR of $15.39. TSM is trading above 3/4 key moving averages. Next earnings report is October 15, 2026 (83 days away). Earnings is far enough out that current premiums reflect normal implied volatility.

How much capital do I need to sell a TSM cash-secured put?

Cash-secured puts require you to hold enough cash to buy 100 shares at the strike price if assigned. For a $375.00 strike on TSM, you need $37,500 in cash or margin per contract. CSPs at strikes closer to the current $403.41 price require more capital but offer higher premiums and lower assignment probability.

What does the wheel strategy look like on TSM?

The wheel on TSM follows three steps: (1) sell a CSP at a strike you would be comfortable owning TSM at; (2) if assigned, you own 100 shares at the strike price; (3) sell covered calls against those shares to collect premium while waiting for the call to expire worthless or the stock to be called away. OptionSpeed tracks every step of this cycle so you can see your rolling premium and realized P&L.

Should I close my TSM CSP before earnings?

Most wheel strategy traders close or roll CSPs 1–2 days before earnings because implied volatility typically collapses after the announcement (IV crush). The premium you collected is largely an upfront payment for accepting that volatility risk. Holding through earnings exposes you to gap risk: even if your strike isn't breached, the IV drop alone can wipe out most of the premium you collected.

What's a good buffer percentage for TSM puts?

Buffer percentage measures how far the strike is below the current stock price as a percentage. For TSM at $403.41, a strike at $372.50 gives the largest downside buffer in our current chain. OptionSpeed flags strikes with ≥15% buffer as wheel-quality candidates. Lower buffer = higher premium but higher assignment probability.

TSM — Cash-Secured Put & Wheel Strategy Analysis

TSM wheel strategy & cash-secured put scanner. TSM is currently trading at $403.41 and trading above 3/4 key moving averages. This page shows the live TSM options chain across 3 expirations (2026-07-24 through 2026-08-07, DTE 1–15 days), optimized for cash-secured put and wheel strategy candidates. Next earnings: October 15, 2026 (83 days away).

Highlight criteria: Yield% ≥ 50% | Buffer% ≥ 15% | ATR/Dist ≥ 2.5

2026-07-24

DTE 1 | Trading days: 1

Strike	Mid	Bid	ATR/Dist	Buffer%	Yield%	Premium
215.00	189.00	187.00	12.24	46.7%	32086.0%	189.00
220.00	184.00	182.00	11.92	45.5%	30527.3%	184.00
225.00	178.62	177.00	11.59	44.2%	28976.1%	178.62
230.00	173.62	172.00	11.27	43.0%	27552.7%	173.62
235.00	168.95	167.00	10.94	41.7%	26241.2%	168.95
240.00	163.62	162.00	10.62	40.5%	24883.9%	163.62
245.00	158.98	157.00	10.29	39.3%	23684.8%	158.98
250.00	154.00	152.00	9.97	38.0%	22484.0%	154.00
255.00	148.62	147.00	9.64	36.8%	21273.1%	148.62
260.00	144.00	142.00	9.32	35.5%	20215.4%	144.00
265.00	138.95	137.05	8.99	34.3%	19138.4%	138.95
270.00	133.95	132.00	8.67	33.1%	18108.1%	133.95
275.00	140.22	138.50	8.34	31.8%	18611.0%	140.22
280.00	124.00	122.00	8.02	30.6%	16164.3%	124.00
285.00	118.62	117.00	7.7	29.4%	15191.7%	118.62
290.00	125.60	123.75	7.37	28.1%	15808.3%	125.60
295.00	120.25	118.50	7.05	26.9%	14878.4%	120.25
300.00	104.00	102.00	6.72	25.6%	12653.3%	104.00
305.00	98.98	97.05	6.4	24.4%	11845.1%	98.98
310.00	105.40	103.80	6.07	23.2%	12410.0%	105.40
315.00	100.40	98.50	5.75	21.9%	11633.7%	100.40
320.00	84.00	82.00	5.42	20.7%	9581.2%	84.00
325.00	95.28	93.75	5.1	19.4%	10700.7%	95.28
330.00	74.00	72.00	4.77	18.2%	8184.8%	74.00
335.00	69.00	67.00	4.45	17.0%	7517.9%	69.00
340.00	64.00	62.00	4.12	15.7%	6870.6%	64.00
345.00	58.95	57.00	3.8	14.5%	6236.7%	58.95
350.00	54.02	52.05	3.47	13.2%	5633.5%	54.02
352.50	51.20	50.00	3.31	12.6%	5301.6%	51.20
355.00	48.70	47.50	3.15	12.0%	5007.2%	48.70
360.00	43.90	42.90	2.82	10.8%	4451.0%	43.90
362.50	41.42	40.45	2.66	10.1%	4170.6%	41.42
365.00	38.70	37.50	2.5	9.5%	3870.0%	38.70
367.50	36.38	35.35	2.33	8.9%	3613.3%	36.38
370.00	33.80	32.70	2.17	8.3%	3334.3%	33.80
372.50	31.35	30.30	2.01	7.7%	3071.9%	31.35
375.00	28.92	27.95	1.85	7.0%	2814.9%	28.92
377.50	26.42	25.45	1.68	6.4%	2554.5%	26.42
380.00	23.95	23.00	1.52	5.8%	2300.5%	23.95
382.50	21.42	20.45	1.36	5.2%	2044.0%	21.42
385.00	18.90	17.90	1.2	4.6%	1791.8%	18.90
387.50	16.35	15.30	1.03	3.9%	1540.1%	16.35
390.00	13.95	13.00	0.87	3.3%	1305.6%	13.95
392.50	11.40	10.40	0.71	2.7%	1060.1%	11.40
395.00	8.95	8.00	0.55	2.1%	827.0%	8.95
397.50	6.45	5.50	0.38	1.5%	592.3%	6.45
400.00	4.10	3.35	0.22	0.8%	374.1%	4.10
402.50	1.78	1.29	0.06	0.2%	161.4%	1.78
405.00	0.26	0.15	-0.1	-0.4%	23.4%	0.26
407.50	0.05	0.01	-0.27	-1.0%	4.5%	0.05
417.50	0.03	0.01	-0.92	-3.5%	2.6%	0.03
390.00	0.03	0.01	0.87	3.3%	2.8%	0.03
395.00	0.06	0.01	0.55	2.1%	5.5%	0.06
400.00	0.10	0.05	0.22	0.8%	9.1%	0.10
402.50	0.30	0.16	0.06	0.2%	27.2%	0.30
405.00	1.60	0.99	-0.1	-0.4%	144.2%	1.60
407.50	3.61	2.67	-0.27	-1.0%	323.3%	3.61
410.00	6.08	5.15	-0.43	-1.6%	541.3%	6.08
412.50	8.55	7.60	-0.59	-2.3%	756.5%	8.55
415.00	11.15	10.30	-0.75	-2.9%	980.7%	11.15
417.50	13.58	12.65	-0.92	-3.5%	1187.2%	13.58
420.00	16.05	15.10	-1.08	-4.1%	1394.8%	16.05
422.50	18.58	17.60	-1.24	-4.7%	1605.1%	18.58
425.00	21.18	20.30	-1.4	-5.4%	1819.0%	21.18
427.50	23.55	22.60	-1.57	-6.0%	2010.7%	23.55
430.00	26.05	25.10	-1.73	-6.6%	2211.2%	26.05
432.50	28.68	27.60	-1.89	-7.2%	2420.4%	28.68
435.00	31.15	30.10	-2.05	-7.8%	2613.7%	31.15
437.50	33.58	32.60	-2.22	-8.5%	2801.5%	33.58
440.00	36.08	35.10	-2.38	-9.1%	2993.0%	36.08
442.50	38.65	37.60	-2.54	-9.7%	3188.1%	38.65
445.00	41.15	40.10	-2.7	-10.3%	3375.2%	41.15
447.50	43.65	42.60	-2.87	-10.9%	3560.3%	43.65
450.00	46.10	45.10	-3.03	-11.5%	3739.2%	46.10
452.50	48.80	47.60	-3.19	-12.2%	3936.4%	48.80
455.00	51.30	50.10	-3.35	-12.8%	4115.3%	51.30
457.50	53.80	52.60	-3.52	-13.4%	4292.2%	53.80
460.00	56.15	55.10	-3.68	-14.0%	4455.4%	56.15
462.50	58.80	57.60	-3.84	-14.6%	4640.4%	58.80
465.00	61.30	60.10	-4.0	-15.3%	4811.7%	61.30
467.50	63.65	62.60	-4.16	-15.9%	4969.5%	63.65
470.00	66.10	65.10	-4.33	-16.5%	5133.3%	66.10
472.50	68.65	67.60	-4.49	-17.1%	5303.1%	68.65
475.00	71.15	70.10	-4.65	-17.7%	5467.3%	71.15
477.50	73.53	71.55	-4.81	-18.4%	5620.6%	73.53
480.00	76.05	74.10	-4.98	-19.0%	5783.0%	76.05
482.50	78.55	76.65	-5.14	-19.6%	5942.1%	78.55
485.00	81.38	79.75	-5.3	-20.2%	6124.5%	81.38
490.00	86.12	84.25	-5.63	-21.5%	6415.1%	86.12
495.00	91.05	89.15	-5.95	-22.7%	6713.8%	91.05
500.00	96.38	94.75	-6.28	-23.9%	7035.7%	96.38
505.00	101.00	99.00	-6.6	-25.2%	7300.0%	101.00
510.00	106.30	104.60	-6.93	-26.4%	7607.7%	106.30
515.00	111.35	109.70	-7.25	-27.7%	7891.8%	111.35
517.50	113.90	112.25	-7.41	-28.3%	8033.5%	113.90
520.00	116.05	114.10	-7.58	-28.9%	8145.8%	116.05
522.50	118.52	116.55	-7.74	-29.5%	8279.4%	118.52
525.00	121.35	119.70	-7.9	-30.1%	8436.7%	121.35
527.50	123.50	121.50	-8.06	-30.8%	8545.5%	123.50
530.00	126.08	124.15	-8.23	-31.4%	8682.9%	126.08
540.00	136.00	134.00	-8.88	-33.9%	9192.6%	136.00
542.50	138.50	136.50	-9.04	-34.5%	9318.4%	138.50
562.50	158.52	156.60	-10.34	-39.4%	10286.2%	158.52
610.00	190.77	188.70	-13.43	-51.2%	11414.9%	190.77
630.00	226.40	224.80	-14.73	-56.2%	13116.8%	226.40

2026-07-31

DTE 8 | Trading days: 6

Strike	Mid	Bid	ATR/Dist	Buffer%	Yield%	Premium
215.00	189.22	187.25	12.24	46.7%	4015.4%	189.22
220.00	184.25	182.30	11.92	45.5%	3821.1%	184.25
225.00	178.90	177.30	11.59	44.2%	3627.7%	178.90
230.00	174.28	172.30	11.27	43.0%	3457.2%	174.28
235.00	169.27	167.35	10.94	41.7%	3286.4%	169.27
240.00	164.25	162.30	10.62	40.5%	3122.5%	164.25
245.00	159.28	157.30	10.29	39.3%	2966.2%	159.28
250.00	153.93	152.30	9.97	38.0%	2809.2%	153.93
255.00	149.32	147.30	9.64	36.8%	2671.7%	149.32
260.00	144.28	142.30	9.32	35.5%	2531.8%	144.28
265.00	138.95	137.35	8.99	34.3%	2392.3%	138.95
270.00	134.30	132.35	8.67	33.1%	2269.4%	134.30
275.00	129.32	127.40	8.34	31.8%	2145.5%	129.32
280.00	124.02	122.35	8.02	30.6%	2020.9%	124.02
285.00	119.28	117.30	7.7	29.4%	1909.5%	119.28
290.00	114.28	112.25	7.37	28.1%	1797.9%	114.28
295.00	109.32	107.35	7.05	26.9%	1690.8%	109.32
300.00	104.22	103.20	6.72	25.6%	1585.0%	104.22
305.00	99.25	98.20	6.4	24.4%	1484.7%	99.25
310.00	94.10	92.90	6.07	23.2%	1384.9%	94.10
315.00	89.28	88.20	5.75	21.9%	1293.1%	89.28
320.00	84.40	83.40	5.42	20.7%	1203.4%	84.40
325.00	79.20	78.00	5.1	19.4%	1111.8%	79.20
330.00	74.25	73.05	4.77	18.2%	1026.6%	74.25
335.00	69.50	68.50	4.45	17.0%	946.5%	69.50
340.00	64.60	63.60	4.12	15.7%	866.9%	64.60
345.00	59.55	58.40	3.8	14.5%	787.5%	59.55
350.00	54.95	54.00	3.47	13.2%	716.3%	54.95
355.00	50.25	49.30	3.15	12.0%	645.8%	50.25
357.50	47.80	46.80	2.98	11.4%	610.0%	47.80
360.00	45.50	44.50	2.82	10.8%	576.6%	45.50
362.50	43.25	42.30	2.66	10.1%	544.4%	43.25
365.00	41.00	40.10	2.5	9.5%	512.5%	41.00
370.00	36.55	35.70	2.17	8.3%	450.7%	36.55
375.00	32.28	31.50	1.85	7.0%	392.7%	32.28
377.50	30.20	29.40	1.68	6.4%	365.0%	30.20
380.00	28.20	27.45	1.52	5.8%	338.6%	28.20
382.50	26.22	25.50	1.36	5.2%	312.8%	26.22
385.00	24.32	23.65	1.2	4.6%	288.2%	24.32
387.50	22.48	21.80	1.03	3.9%	264.7%	22.48
390.00	20.70	20.10	0.87	3.3%	242.2%	20.70
392.50	19.00	18.45	0.71	2.7%	220.9%	19.00
395.00	17.35	16.85	0.55	2.1%	200.4%	17.35
397.50	15.78	15.30	0.38	1.5%	181.1%	15.78
400.00	14.32	13.90	0.22	0.8%	163.3%	14.32
402.50	12.90	12.50	0.06	0.2%	146.2%	12.90
405.00	11.60	11.20	-0.1	-0.4%	130.7%	11.60
407.50	10.38	10.00	-0.27	-1.0%	116.2%	10.38
410.00	9.28	8.90	-0.43	-1.6%	103.3%	9.28
412.50	8.25	7.90	-0.59	-2.3%	91.2%	8.25
415.00	7.28	6.95	-0.75	-2.9%	80.0%	7.28
417.50	6.40	6.10	-0.92	-3.5%	69.9%	6.40
420.00	5.60	5.30	-1.08	-4.1%	60.8%	5.60
422.50	4.90	4.60	-1.24	-4.7%	52.9%	4.90
425.00	4.22	3.95	-1.4	-5.4%	45.3%	4.22
427.50	3.62	3.35	-1.57	-6.0%	38.6%	3.62
430.00	3.06	2.88	-1.73	-6.6%	32.5%	3.06
432.50	2.67	2.44	-1.89	-7.2%	28.2%	2.67
435.00	2.28	2.07	-2.05	-7.8%	23.9%	2.28
437.50	1.93	1.74	-2.22	-8.5%	20.1%	1.93
440.00	1.61	1.44	-2.38	-9.1%	16.7%	1.61
442.50	1.36	1.18	-2.54	-9.7%	14.0%	1.36
445.00	1.11	1.03	-2.7	-10.3%	11.4%	1.11
447.50	0.94	0.83	-2.87	-10.9%	9.6%	0.94
450.00	0.78	0.71	-3.03	-11.5%	7.9%	0.78
452.50	0.66	0.58	-3.19	-12.2%	6.7%	0.66
455.00	0.52	0.45	-3.35	-12.8%	5.2%	0.52
457.50	0.48	0.41	-3.52	-13.4%	4.8%	0.48
460.00	0.36	0.24	-3.68	-14.0%	3.6%	0.36
462.50	0.30	0.18	-3.84	-14.6%	3.0%	0.30
465.00	0.26	0.23	-4.0	-15.3%	2.6%	0.26
467.50	0.21	0.10	-4.16	-15.9%	2.0%	0.21
470.00	0.18	0.10	-4.33	-16.5%	1.7%	0.18
472.50	0.17	0.08	-4.49	-17.1%	1.6%	0.17
475.00	0.14	0.10	-4.65	-17.7%	1.3%	0.14
477.50	0.13	0.05	-4.81	-18.4%	1.2%	0.13
480.00	0.10	0.09	-4.98	-19.0%	1.0%	0.10
482.50	0.10	0.01	-5.14	-19.6%	0.9%	0.10
485.00	0.06	0.01	-5.3	-20.2%	0.6%	0.06
487.50	0.09	0.01	-5.46	-20.8%	0.8%	0.09
490.00	0.04	0.01	-5.63	-21.5%	0.4%	0.04
492.50	0.04	0.01	-5.79	-22.1%	0.4%	0.04
495.00	0.06	0.01	-5.95	-22.7%	0.6%	0.06
497.50	0.08	0.01	-6.11	-23.3%	0.7%	0.08
500.00	0.04	0.01	-6.28	-23.9%	0.4%	0.04
505.00	0.08	0.01	-6.6	-25.2%	0.7%	0.08
510.00	0.08	0.01	-6.93	-26.4%	0.7%	0.08
515.00	0.03	0.02	-7.25	-27.7%	0.3%	0.03
520.00	0.02	0.01	-7.58	-28.9%	0.2%	0.02
530.00	0.02	0.01	-8.23	-31.4%	0.2%	0.02
230.00	0.02	0.01	11.27	43.0%	0.4%	0.02
250.00	0.02	0.01	9.97	38.0%	0.4%	0.02
260.00	0.02	0.01	9.32	35.5%	0.4%	0.02
265.00	0.06	0.01	8.99	34.3%	1.0%	0.06
270.00	0.03	0.01	8.67	33.1%	0.5%	0.03
275.00	0.03	0.01	8.34	31.8%	0.5%	0.03
280.00	0.05	0.02	8.02	30.6%	0.8%	0.05
285.00	0.06	0.02	7.7	29.4%	1.0%	0.06
290.00	0.06	0.02	7.37	28.1%	0.9%	0.06
295.00	0.09	0.02	7.05	26.9%	1.4%	0.09
300.00	0.08	0.07	6.72	25.6%	1.2%	0.08
305.00	0.08	0.05	6.4	24.4%	1.2%	0.08
310.00	0.08	0.04	6.07	23.2%	1.2%	0.08
315.00	0.12	0.08	5.75	21.9%	1.7%	0.12
320.00	0.14	0.05	5.42	20.7%	2.0%	0.14
322.50	0.14	0.06	5.26	20.1%	2.0%	0.14
325.00	0.24	0.17	5.1	19.4%	3.4%	0.24
327.50	0.17	0.09	4.93	18.8%	2.4%	0.17
330.00	0.25	0.13	4.77	18.2%	3.5%	0.25
332.50	0.28	0.16	4.61	17.6%	3.8%	0.28
335.00	0.32	0.20	4.45	17.0%	4.4%	0.32
337.50	0.38	0.28	4.28	16.3%	5.1%	0.38
340.00	0.40	0.31	4.12	15.7%	5.4%	0.40
342.50	0.52	0.43	3.96	15.1%	6.9%	0.52
345.00	0.57	0.48	3.8	14.5%	7.5%	0.57
347.50	0.62	0.54	3.63	13.9%	8.1%	0.62
350.00	0.70	0.57	3.47	13.2%	9.1%	0.70
352.50	0.88	0.79	3.31	12.6%	11.4%	0.88
355.00	1.02	0.91	3.15	12.0%	13.1%	1.02
357.50	1.16	1.05	2.98	11.4%	14.8%	1.16
360.00	1.28	1.22	2.82	10.8%	16.2%	1.28
362.50	1.55	1.43	2.66	10.1%	19.5%	1.55
365.00	1.72	1.52	2.5	9.5%	21.5%	1.72
367.50	2.01	1.84	2.33	8.9%	25.0%	2.01
370.00	2.28	2.06	2.17	8.3%	28.1%	2.28
372.50	2.70	2.54	2.01	7.7%	33.1%	2.70
375.00	3.12	3.00	1.85	7.0%	38.0%	3.12
377.50	3.50	3.30	1.68	6.4%	42.3%	3.50
380.00	4.00	3.80	1.52	5.8%	48.0%	4.00
382.50	4.55	4.30	1.36	5.2%	54.3%	4.55
385.00	5.10	4.85	1.2	4.6%	60.4%	5.10
387.50	5.80	5.55	1.03	3.9%	68.3%	5.80
390.00	6.52	6.25	0.87	3.3%	76.3%	6.52
392.50	7.30	7.00	0.71	2.7%	84.9%	7.30
395.00	8.12	7.80	0.55	2.1%	93.8%	8.12
397.50	9.07	8.75	0.38	1.5%	104.1%	9.07
400.00	10.07	9.65	0.22	0.8%	114.9%	10.07
402.50	11.22	10.70	0.06	0.2%	127.2%	11.22
405.00	12.35	11.90	-0.1	-0.4%	139.1%	12.35
407.50	13.65	13.20	-0.27	-1.0%	152.8%	13.65
410.00	15.00	14.50	-0.43	-1.6%	166.9%	15.00
412.50	16.48	15.95	-0.59	-2.3%	182.3%	16.48
415.00	18.02	17.40	-0.75	-2.9%	198.1%	18.02
417.50	19.68	19.00	-0.92	-3.5%	215.1%	19.68
420.00	21.35	20.65	-1.08	-4.1%	231.9%	21.35
422.50	23.15	22.40	-1.24	-4.7%	250.0%	23.15
425.00	25.00	24.20	-1.4	-5.4%	268.4%	25.00
427.50	26.90	26.00	-1.57	-6.0%	287.1%	26.90
430.00	28.95	28.00	-1.73	-6.6%	307.2%	28.95
432.50	31.00	30.00	-1.89	-7.2%	327.0%	31.00
435.00	33.10	32.15	-2.05	-7.8%	347.2%	33.10
437.50	35.25	34.20	-2.22	-8.5%	367.6%	35.25
440.00	37.45	36.40	-2.38	-9.1%	388.3%	37.45
442.50	39.90	38.70	-2.54	-9.7%	411.4%	39.90
445.00	42.00	40.90	-2.7	-10.3%	430.6%	42.00
447.50	44.38	43.30	-2.87	-10.9%	452.5%	44.38
450.00	46.85	45.60	-3.03	-11.5%	475.0%	46.85
452.50	49.25	48.00	-3.19	-12.2%	496.6%	49.25
455.00	51.50	50.40	-3.35	-12.8%	516.4%	51.50
457.50	54.08	52.80	-3.52	-13.4%	539.3%	54.08
460.00	56.50	55.25	-3.68	-14.0%	560.4%	56.50
465.00	61.28	60.15	-4.0	-15.3%	601.3%	61.28
467.50	63.78	62.65	-4.16	-15.9%	622.5%	63.78
470.00	66.18	65.10	-4.33	-16.5%	642.4%	66.18
475.00	71.32	70.10	-4.65	-17.7%	685.0%	71.32
480.00	76.30	75.10	-4.98	-19.0%	725.2%	76.30
485.00	81.30	80.10	-5.3	-20.2%	764.8%	81.30
490.00	86.10	85.10	-5.63	-21.5%	801.7%	86.10
495.00	79.43	78.20	-5.95	-22.7%	732.1%	79.43
500.00	96.30	95.10	-6.28	-23.9%	878.7%	96.30
505.00	101.30	100.10	-6.6	-25.2%	915.2%	101.30
510.00	106.30	105.10	-6.93	-26.4%	951.0%	106.30
515.00	111.30	110.10	-7.25	-27.7%	986.0%	111.30
520.00	116.30	115.10	-7.58	-28.9%	1020.4%	116.30
530.00	126.30	125.10	-8.23	-31.4%	1087.3%	126.30
540.00	136.00	134.00	-8.88	-33.9%	1149.1%	136.00
550.00	146.30	144.60	-9.53	-36.3%	1213.6%	146.30
560.00	140.32	138.90	-10.18	-38.8%	1143.2%	140.32
570.00	166.02	164.05	-10.83	-41.3%	1328.9%	166.02
580.00	176.00	174.00	-11.48	-43.8%	1384.5%	176.00
590.00	174.78	173.25	-12.13	-46.3%	1351.6%	174.78
600.00	196.12	194.25	-12.78	-48.7%	1491.3%	196.12
610.00	194.75	193.15	-13.43	-51.2%	1456.6%	194.75
630.00	226.00	224.00	-14.73	-56.2%	1636.7%	226.00

2026-08-07

DTE 15 | Trading days: 11

Strike	Mid	Bid	ATR/Dist	Buffer%	Yield%	Premium
255.00	149.55	147.60	9.64	36.8%	1427.1%	149.55
270.00	134.35	133.10	8.67	33.1%	1210.8%	134.35
275.00	129.40	128.15	8.34	31.8%	1145.0%	129.40
280.00	124.60	123.50	8.02	30.6%	1082.8%	124.60
300.00	104.62	103.40	6.72	25.6%	848.6%	104.62
310.00	94.75	93.50	6.07	23.2%	743.7%	94.75
320.00	85.10	84.00	5.42	20.7%	647.1%	85.10
325.00	80.10	78.85	5.1	19.4%	599.7%	80.10
330.00	75.42	74.30	4.77	18.2%	556.1%	75.42
335.00	70.70	69.60	4.45	17.0%	513.5%	70.70
340.00	65.90	64.80	4.12	15.7%	471.6%	65.90
345.00	61.25	60.20	3.8	14.5%	432.0%	61.25
350.00	56.70	55.70	3.47	13.2%	394.2%	56.70
355.00	52.05	50.90	3.15	12.0%	356.8%	52.05
360.00	47.88	46.95	2.82	10.8%	323.6%	47.88
365.00	43.42	42.35	2.5	9.5%	289.5%	43.42
370.00	39.52	38.65	2.17	8.3%	259.9%	39.52
375.00	35.58	34.75	1.85	7.0%	230.9%	35.58
377.50	33.67	32.85	1.68	6.4%	217.0%	33.67
380.00	31.83	31.05	1.52	5.8%	203.8%	31.83
382.50	30.00	29.25	1.36	5.2%	190.8%	30.00
385.00	28.22	27.50	1.2	4.6%	178.4%	28.22
387.50	26.52	25.85	1.03	3.9%	166.5%	26.52
390.00	24.88	24.25	0.87	3.3%	155.2%	24.88
392.50	23.30	22.70	0.71	2.7%	144.5%	23.30
395.00	21.70	21.10	0.55	2.1%	133.7%	21.70
400.00	18.83	18.30	0.22	0.8%	114.5%	18.83
402.50	17.45	16.95	0.06	0.2%	105.5%	17.45
405.00	16.15	15.60	-0.1	-0.4%	97.0%	16.15
407.50	14.92	14.45	-0.27	-1.0%	89.1%	14.92
410.00	13.78	13.30	-0.43	-1.6%	81.8%	13.78
412.50	12.68	12.20	-0.59	-2.3%	74.8%	12.68
415.00	11.65	11.20	-0.75	-2.9%	68.3%	11.65
417.50	10.68	10.25	-0.92	-3.5%	62.2%	10.68
420.00	9.77	9.35	-1.08	-4.1%	56.6%	9.77
422.50	8.93	8.50	-1.24	-4.7%	51.4%	8.93
425.00	8.12	7.70	-1.4	-5.4%	46.5%	8.12
427.50	7.40	7.00	-1.57	-6.0%	42.1%	7.40
430.00	6.70	6.30	-1.73	-6.6%	37.9%	6.70
432.50	6.08	5.70	-1.89	-7.2%	34.2%	6.08
435.00	5.45	5.10	-2.05	-7.8%	30.5%	5.45
440.00	4.45	4.10	-2.38	-9.1%	24.6%	4.45
445.00	3.60	3.25	-2.7	-10.3%	19.7%	3.60
450.00	2.85	2.60	-3.03	-11.5%	15.4%	2.85
455.00	2.32	2.07	-3.35	-12.8%	12.4%	2.32
460.00	1.84	1.60	-3.68	-14.0%	9.7%	1.84
465.00	1.40	1.25	-4.0	-15.3%	7.3%	1.40
470.00	1.08	0.90	-4.33	-16.5%	5.6%	1.08
475.00	0.88	0.66	-4.65	-17.7%	4.5%	0.88
480.00	0.63	0.48	-4.98	-19.0%	3.2%	0.63
485.00	0.57	0.42	-5.3	-20.2%	2.9%	0.57
490.00	0.36	0.22	-5.63	-21.5%	1.8%	0.36
495.00	0.32	0.13	-5.95	-22.7%	1.6%	0.32
500.00	0.24	0.10	-6.28	-23.9%	1.2%	0.24
505.00	0.22	0.08	-6.6	-25.2%	1.1%	0.22
510.00	0.17	0.03	-6.93	-26.4%	0.8%	0.17
515.00	0.16	0.05	-7.25	-27.7%	0.8%	0.16
520.00	0.13	0.01	-7.58	-28.9%	0.6%	0.13
530.00	0.12	0.01	-8.23	-31.4%	0.6%	0.12
540.00	0.12	0.01	-8.88	-33.9%	0.5%	0.12
550.00	0.11	0.01	-9.53	-36.3%	0.5%	0.11
560.00	0.11	0.01	-10.18	-38.8%	0.5%	0.11
570.00	0.11	0.01	-10.83	-41.3%	0.5%	0.11
580.00	0.11	0.01	-11.48	-43.8%	0.5%	0.11
590.00	0.11	0.01	-12.13	-46.3%	0.5%	0.11
600.00	0.11	0.01	-12.78	-48.7%	0.4%	0.11
220.00	0.03	0.01	11.92	45.5%	0.3%	0.03
225.00	0.04	0.03	11.59	44.2%	0.4%	0.04
230.00	0.05	0.01	11.27	43.0%	0.5%	0.05
235.00	0.06	0.01	10.94	41.7%	0.6%	0.06
240.00	0.04	0.01	10.62	40.5%	0.4%	0.04
245.00	0.06	0.01	10.29	39.3%	0.6%	0.06
250.00	0.04	0.01	9.97	38.0%	0.4%	0.04
255.00	0.14	0.01	9.64	36.8%	1.3%	0.14
260.00	0.08	0.03	9.32	35.5%	0.7%	0.08
265.00	0.15	0.01	8.99	34.3%	1.4%	0.15
270.00	0.09	0.06	8.67	33.1%	0.8%	0.09
275.00	0.12	0.06	8.34	31.8%	1.1%	0.12
280.00	0.19	0.05	8.02	30.6%	1.7%	0.19
285.00	0.20	0.03	7.7	29.4%	1.7%	0.20
290.00	0.23	0.06	7.37	28.1%	1.9%	0.23
295.00	0.20	0.12	7.05	26.9%	1.6%	0.20
300.00	0.27	0.22	6.72	25.6%	2.2%	0.27
305.00	0.34	0.22	6.4	24.4%	2.7%	0.34
310.00	0.48	0.36	6.07	23.2%	3.8%	0.48
315.00	0.58	0.49	5.75	21.9%	4.5%	0.58
320.00	0.66	0.57	5.42	20.7%	5.0%	0.66
325.00	0.88	0.75	5.1	19.4%	6.6%	0.88
330.00	1.05	0.92	4.77	18.2%	7.7%	1.05
335.00	1.18	0.96	4.45	17.0%	8.6%	1.18
340.00	1.43	1.22	4.12	15.7%	10.2%	1.43
345.00	1.78	1.55	3.8	14.5%	12.6%	1.78
350.00	2.20	1.97	3.47	13.2%	15.3%	2.20
355.00	2.72	2.47	3.15	12.0%	18.6%	2.72
360.00	3.40	3.15	2.82	10.8%	23.0%	3.40
365.00	4.12	3.85	2.5	9.5%	27.5%	4.12
370.00	5.03	4.75	2.17	8.3%	33.1%	5.03
375.00	6.08	5.75	1.85	7.0%	39.5%	6.08
377.50	6.65	6.30	1.68	6.4%	42.9%	6.65
380.00	7.32	7.00	1.52	5.8%	46.9%	7.32
382.50	8.05	7.70	1.36	5.2%	51.2%	8.05
385.00	8.75	8.40	1.2	4.6%	55.3%	8.75
387.50	9.55	9.20	1.03	3.9%	60.0%	9.55
390.00	10.25	9.75	0.87	3.3%	64.0%	10.25
392.50	11.32	10.90	0.71	2.7%	70.2%	11.32
395.00	12.27	11.85	0.55	2.1%	75.6%	12.27
397.50	13.18	12.60	0.38	1.5%	80.7%	13.18
400.00	14.28	13.80	0.22	0.8%	86.9%	14.28
402.50	15.32	14.80	0.06	0.2%	92.6%	15.32
405.00	16.55	16.00	-0.1	-0.4%	99.4%	16.55
407.50	17.95	17.25	-0.27	-1.0%	107.2%	17.95
410.00	19.18	18.55	-0.43	-1.6%	113.8%	19.18
412.50	20.60	19.90	-0.59	-2.3%	121.5%	20.60
415.00	22.05	21.40	-0.75	-2.9%	129.3%	22.05
417.50	23.70	22.90	-0.92	-3.5%	138.1%	23.70
420.00	25.20	24.45	-1.08	-4.1%	146.0%	25.20
422.50	26.92	26.15	-1.24	-4.7%	155.0%	26.92
425.00	28.50	27.60	-1.4	-5.4%	163.2%	28.50
430.00	32.12	31.20	-1.73	-6.6%	181.8%	32.12
435.00	35.90	34.90	-2.05	-7.8%	200.8%	35.90
440.00	40.10	38.85	-2.38	-9.1%	221.8%	40.10
445.00	44.10	42.90	-2.7	-10.3%	241.1%	44.10
450.00	48.55	47.20	-3.03	-11.5%	262.5%	48.55
455.00	53.00	51.60	-3.35	-12.8%	283.4%	53.00
460.00	57.48	56.20	-3.68	-14.0%	304.1%	57.48
465.00	62.25	60.80	-4.0	-15.3%	325.8%	62.25
470.00	66.78	65.50	-4.33	-16.5%	345.7%	66.78
475.00	71.62	70.35	-4.65	-17.7%	366.9%	71.62
480.00	76.47	75.20	-4.98	-19.0%	387.7%	76.47
485.00	81.35	80.10	-5.3	-20.2%	408.1%	81.35
490.00	86.40	85.00	-5.63	-21.5%	429.1%	86.40
495.00	91.22	90.05	-5.95	-22.7%	448.4%	91.22
500.00	96.32	95.00	-6.28	-23.9%	468.8%	96.32
505.00	101.30	100.00	-6.6	-25.2%	488.1%	101.30
510.00	106.30	105.00	-6.93	-26.4%	507.2%	106.30
520.00	116.30	115.05	-7.58	-28.9%	544.2%	116.30
540.00	136.30	135.05	-8.88	-33.9%	614.2%	136.30
560.00	156.15	155.00	-10.18	-38.8%	678.5%	156.15

TSM — Cash-Secured Put & Wheel Strategy Analysis

TSM — Cash-Secured Put & Wheel Strategy FAQ