AIVI Cash-Secured Put Strategy

AIVI (WisdomTree International AI Enhanced Value Fund), in the Financial Services sector, (Asset Management industry), listed on AMEX.

The fund is actively managed and seeks to invest primarily in equity securities selected from a universe of developed market equities, excluding the United States and Canada, that exhibit value characteristics based on the selection results of a proprietary, quantitative artificial intelligence (“AI”) model developed by Sub-Adviser. The equity securities selected by the AI model typically have a lower price-to-book ratio, a lower price-to-earnings ratio, and greater free cash flow. The fund is non-diversified.

AIVI (WisdomTree International AI Enhanced Value Fund) trades in the Financial Services sector, specifically Asset Management, with a market capitalization of approximately $62.1M, a beta of 0.87 versus the broader market, a 52-week range of 46.27-58.46, average daily share volume of 2K, a public-listing history dating back to 2006. These structural characteristics shape how AIVI etf options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.87 places AIVI roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. AIVI pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.

What is a cash-secured put on AIVI?

A cash-secured put sells an out-of-the-money put while holding cash equal to the strike-times-100 obligation, keeping the premium when the underlying stays above the strike.

Current AIVI snapshot

As of May 15, 2026, spot at $56.57, ATM IV 18.90%, IV rank 2.61%, expected move 5.42%. The cash-secured put on AIVI below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 34-day expiry.

Why this cash-secured put structure on AIVI specifically: AIVI IV at 18.90% is on the cheap side of its 1-year range, which means a premium-selling AIVI cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 5.42% (roughly $3.07 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AIVI expiries trade a higher absolute premium for lower per-day decay. Position sizing on AIVI should anchor to the underlying notional of $56.57 per share and to the trader's directional view on AIVI etf.

AIVI cash-secured put setup

The AIVI cash-secured put below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AIVI near $56.57, the first option leg uses a $53.74 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AIVI chain at a 34-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 AIVI shares for the stock leg in covered calls and collars).

ActionTypeStrike / BasisPremium (est)
Sell 1Put$53.74N/A

AIVI cash-secured put risk and reward

Net Premium / Debit
N/A
Max Profit (per contract)
Unbounded
Max Loss (per contract)
Unbounded
Breakeven(s)
None on modeled curve
Risk / Reward Ratio
N/A

Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.

AIVI cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on AIVI. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.

When traders use cash-secured put on AIVI

Cash-secured puts on AIVI earn premium while a trader waits to acquire AIVI etf at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AIVI.

AIVI thesis for this cash-secured put

The market-implied 1-standard-deviation range for AIVI extends from approximately $53.50 on the downside to $59.64 on the upside. A AIVI cash-secured put lets a trader earn premium while waiting to acquire AIVI at the strike price; the strategy is most attractive when the trader is comfortable holding the underlying at that level and IV is rich enough to compensate for the assignment risk. Current AIVI IV rank near 2.61% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on AIVI at 18.90%. As a Financial Services name, AIVI options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AIVI-specific events.

AIVI cash-secured put positions are structurally neutral to slightly bullish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. AIVI positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AIVI alongside the broader basket even when AIVI-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on AIVI carry tail risk when realized volatility exceeds the implied move; review historical AIVI earnings reactions and macro stress periods before sizing. Always rebuild the position from current AIVI chain quotes before placing a trade.

Frequently asked questions

What is a cash-secured put on AIVI?
A cash-secured put on AIVI is the cash-secured put strategy applied to AIVI (etf). The strategy is structurally neutral to slightly bullish: A cash-secured put sells an out-of-the-money put while holding cash equal to the strike-times-100 obligation, keeping the premium when the underlying stays above the strike. With AIVI etf trading near $56.57, the strikes shown on this page are snapped to the nearest listed AIVI chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are AIVI cash-secured put max profit and max loss calculated?
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium. For the AIVI cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 18.90%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a AIVI cash-secured put?
The breakeven for the AIVI cash-secured put priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current AIVI market-implied 1-standard-deviation expected move is approximately 5.42%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a cash-secured put on AIVI?
Cash-secured puts on AIVI earn premium while a trader waits to acquire AIVI etf at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AIVI.
How does current AIVI implied volatility affect this cash-secured put?
AIVI ATM IV is at 18.90% with IV rank near 2.61%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.

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