How are IBUY 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 IBUY cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 30.10%), the computed maximum profit is $133.00 per contract and the computed maximum loss is -$6,966.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

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

The breakeven for the IBUY cash-secured put priced on this page is roughly $69.67 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 IBUY market-implied 1-standard-deviation expected move in the same options snapshot is approximately 8.63%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

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

IBUY ATM IV is at 30.10% with IV rank near 12.25%, 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.

IBUY Cash-Secured Put Strategy

IBUY (Amplify Online Retail ETF), in the Financial Services sector, (Asset Management industry), listed on AMEX.

The Amplify Online Retail ETF (IBUY) strives to mirror the price movements of the EQM Online Retail Index, prior to the deduction of fees and operational expenses. This benchmark index is made up of a broad, international assortment of publicly traded companies that generate a substantial portion of their income from the digital retail industry, encompassing traditional e-commerce, online travel services, virtual marketplaces, and integrated multi-channel retail approaches.

IBUY (Amplify Online Retail ETF) trades in the Financial Services sector, specifically Asset Management, with a market capitalization of approximately $109.8M, a beta of 1.45 versus the broader market, a 52-week range of 58.08-79.055, average daily share volume of 13K, a public-listing history dating back to 2016. These structural characteristics shape how IBUY etf options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 1.45 indicates IBUY has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. IBUY 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 IBUY?

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.

IBUY snapshot

As of August 14, 2026, spot at $74.31, ATM IV 30.10%, IV rank 12.25%, expected move 8.63%. The cash-secured put on IBUY 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 35-day expiry.

Why this cash-secured put structure on IBUY specifically: IBUY IV at 30.10% is on the cheap side of its 1-year range, which means a premium-selling IBUY cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 8.63% (roughly $6.41 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated IBUY expiries trade a higher absolute premium for lower per-day decay. Position sizing on IBUY should anchor to the underlying notional of $74.31 per share and to the trader's directional view on IBUY etf.

IBUY cash-secured put setup

The IBUY 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 IBUY at $74.31 on that close, the first option leg uses a $71.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed IBUY chain at a 35-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 IBUY shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$71.00	$1.33

IBUY cash-secured put risk and reward

Net Premium / Debit: +$133.00
Max Profit (per contract): $133.00
Max Loss (per contract): -$6,966.00
Breakeven(s): $69.67
Risk / Reward Ratio: 0.019

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

IBUY cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on IBUY. 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%	-$6,966.00
$16.44	-77.9%	-$5,323.08
$32.87	-55.8%	-$3,680.15
$49.30	-33.7%	-$2,037.23
$65.73	-11.6%	-$394.30
$82.16	+10.6%	+$133.00
$98.59	+32.7%	+$133.00
$115.01	+54.8%	+$133.00
$131.44	+76.9%	+$133.00
$147.87	+99.0%	+$133.00

When traders use cash-secured put on IBUY

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

IBUY thesis for this cash-secured put

The market-implied 1-standard-deviation range for IBUY extends from approximately $67.90 on the downside to $80.72 on the upside. A IBUY cash-secured put lets a trader earn premium while waiting to acquire IBUY 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 IBUY IV rank near 12.25% 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 IBUY at 30.10%. As a Financial Services name, IBUY options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to IBUY-specific events.

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

Frequently asked questions

What is a cash-secured put on IBUY?: A cash-secured put on IBUY is the cash-secured put strategy applied to IBUY (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 IBUY etf at $74.31 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed IBUY chain strike and the premiums come straight from that session's bid/ask midpoint.
How are IBUY 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 IBUY cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 30.10%), the computed maximum profit is $133.00 per contract and the computed maximum loss is -$6,966.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a IBUY cash-secured put?: The breakeven for the IBUY cash-secured put priced on this page is roughly $69.67 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 IBUY market-implied 1-standard-deviation expected move in the same options snapshot is approximately 8.63%; 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 IBUY?: Cash-secured puts on IBUY earn premium while a trader waits to acquire IBUY etf at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning IBUY.
How does current IBUY implied volatility affect this cash-secured put?: IBUY ATM IV is at 30.10% with IV rank near 12.25%, 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.