How are AVMV 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 AVMV cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 16.60%), the computed maximum profit is $25.00 per contract and the computed maximum loss is -$8,074.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a AVMV cash-secured put?

The breakeven for the AVMV cash-secured put priced on this page is roughly $80.90 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The AVMV market-implied 1-standard-deviation expected move in the same options snapshot is approximately 4.76%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current AVMV implied volatility affect this cash-secured put?

AVMV ATM IV is at 16.60% with IV rank near 9.14%, 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.

AVMV Cash-Secured Put Strategy

AVMV (Avantis U.S. Mid Cap Value ETF), in the Financial Services sector, (Asset Management industry), listed on AMEX.

Targeting a broad universe of U.S. mid-capitalization companies, this fund is structured to boost expected returns by concentrating on firms with low valuations and strong profitability metrics. It offers the typical advantages of passive indexing, such as extensive diversification, minimal portfolio churn, and clear exposure transparency. However, it also seeks to add significant value by making data-driven investment decisions informed by prevailing market prices. Furthermore, its highly efficient portfolio management and trading systems are engineered to optimize performance while simultaneously reducing superfluous risks and operational costs.

AVMV (Avantis U.S. Mid Cap Value ETF) trades in the Financial Services sector, specifically Asset Management, with a market capitalization of approximately $372.0M, a beta of 0.92 versus the broader market, a 52-week range of 66.13-84.26, average daily share volume of 42K, a public-listing history dating back to 2023. These structural characteristics shape how AVMV etf options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.92 places AVMV roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. AVMV 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 AVMV?

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.

AVMV snapshot

As of August 14, 2026, spot at $85.09, ATM IV 16.60%, IV rank 9.14%, expected move 4.76%. The cash-secured put on AVMV below is built from the August 14, 2026 end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 7-day expiry.

Why this cash-secured put structure on AVMV specifically: AVMV IV at 16.60% is on the cheap side of its 1-year range, which means a premium-selling AVMV cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 4.76% (roughly $4.05 on the underlying). The 7-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AVMV expiries trade a higher absolute premium for lower per-day decay. Position sizing on AVMV should anchor to the underlying notional of $85.09 per share and to the trader's directional view on AVMV etf.

AVMV cash-secured put setup

The AVMV cash-secured put below is built from the August 14, 2026 end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AVMV at $85.09 on that close, the first option leg uses a $81.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AVMV chain at a 7-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 AVMV shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$81.00	$0.25

AVMV cash-secured put risk and reward

Net Premium / Debit: +$25.00
Max Profit (per contract): $25.00
Max Loss (per contract): -$8,074.00
Breakeven(s): $80.90
Risk / Reward Ratio: 0.003

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

AVMV cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on AVMV. 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.

P&L at expiration across the modeled underlying-price range. Green shading marks profitable regions, red shading marks loss regions. Dotted purple verticals mark breakevens; the solid dark vertical marks current spot.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-100.0%	-$8,074.00
$18.82	-77.9%	-$6,192.72
$37.64	-55.8%	-$4,311.45
$56.45	-33.7%	-$2,430.17
$75.26	-11.6%	-$548.89
$94.07	+10.6%	+$25.00
$112.89	+32.7%	+$25.00
$131.70	+54.8%	+$25.00
$150.51	+76.9%	+$25.00
$169.32	+99.0%	+$25.00

When traders use cash-secured put on AVMV

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

AVMV thesis for this cash-secured put

The market-implied 1-standard-deviation range for AVMV extends from approximately $81.04 on the downside to $89.14 on the upside. A AVMV cash-secured put lets a trader earn premium while waiting to acquire AVMV 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 AVMV IV rank near 9.14% 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 AVMV at 16.60%. As a Financial Services name, AVMV options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AVMV-specific events.

AVMV 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. AVMV positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AVMV alongside the broader basket even when AVMV-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on AVMV carry tail risk when realized volatility exceeds the implied move; review historical AVMV earnings reactions and macro stress periods before sizing. Always rebuild the position from current AVMV chain quotes before placing a trade.

Frequently asked questions

What is a cash-secured put on AVMV?: A cash-secured put on AVMV is the cash-secured put strategy applied to AVMV (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 AVMV etf at $85.09 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed AVMV chain strike and the premiums come straight from that session's bid/ask midpoint.
How are AVMV 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 AVMV cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 16.60%), the computed maximum profit is $25.00 per contract and the computed maximum loss is -$8,074.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a AVMV cash-secured put?: The breakeven for the AVMV cash-secured put priced on this page is roughly $80.90 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The AVMV market-implied 1-standard-deviation expected move in the same options snapshot is approximately 4.76%; 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 AVMV?: Cash-secured puts on AVMV earn premium while a trader waits to acquire AVMV etf at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AVMV.
How does current AVMV implied volatility affect this cash-secured put?: AVMV ATM IV is at 16.60% with IV rank near 9.14%, 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.