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Get Spoke freeCash-Secured Put Calculator
Enter a strike, a premium, and DTE. You get max profit, breakeven, the cash you need to set aside, and the annualized yield on that cash. If you like it, tap through to Spoke.
Trade inputs
Each contract locks strike × 100 in cash.
30 days to expiration.
Outcome
Max profit
$350.00
Breakeven
$176.50
Cash secured
$18,000
Return if OTM
1.94%
Annualized yield
23.66%
Effective basis if assigned
$176.50
Two short paragraphs. Educational, not advice. Powered by the same AI behind Spoke's iOS app.
Free with a 7-day Pro trial. Requires the Spoke app on iOS.
Educational tool. Not investment advice. Options trading has real risk of loss. Verify prices with your broker before trading.