How are ABSI 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 ABSI cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 120.20%), the computed maximum profit is $92.50 per contract and the computed maximum loss is -$1,006.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

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

The breakeven for the ABSI cash-secured put priced on this page is roughly $10.08 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 ABSI market-implied 1-standard-deviation expected move is approximately 34.46%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

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

ABSI ATM IV is at 120.20% with IV rank near 51.17%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.

ABSI Cash-Secured Put Strategy

ABSI (Absci Corporation), in the Healthcare sector, (Biotechnology industry), listed on NASDAQ.

Absci Corporation operates as a biopharmaceutical company primarily focused on discovering novel drug targets and developing new therapeutic compounds. Leveraging its distinctive integrated drug creation platform, the firm generates potential biologic medicines and essential cell lines for manufacturing, which it provides to its collaborators, predominantly within the United States. This advanced platform is instrumental in facilitating the development of biologics by meticulously integrating the traditionally separate stages of drug discovery and cell line engineering into one streamlined process. Absci Corporation was founded in 2011 and is based in Vancouver, Washington.

ABSI (Absci Corporation) trades in the Healthcare sector, specifically Biotechnology, with a market capitalization of approximately $1.70B, a beta of 2.46 versus the broader market, a 52-week range of 2.24-11.36, average daily share volume of 5.8M, a public-listing history dating back to 2021, approximately 156 full-time employees. These structural characteristics shape how ABSI stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 2.46 indicates ABSI has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position.

What is a cash-secured put on ABSI?

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 ABSI snapshot

As of June 30, 2026, spot at $11.50, ATM IV 120.20%, IV rank 51.17%, expected move 34.46%. The cash-secured put on ABSI 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 17-day expiry.

Why this cash-secured put structure on ABSI specifically: ABSI IV at 120.20% is mid-range versus its 1-year history, so the credit collected on a ABSI cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 34.46% (roughly $3.96 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated ABSI expiries trade a higher absolute premium for lower per-day decay. Position sizing on ABSI should anchor to the underlying notional of $11.50 per share and to the trader's directional view on ABSI stock.

ABSI cash-secured put setup

The ABSI 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 ABSI near $11.50, the first option leg uses a $11.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed ABSI chain at a 17-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 ABSI shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$11.00	$0.93

ABSI cash-secured put risk and reward

Net Premium / Debit: +$92.50
Max Profit (per contract): $92.50
Max Loss (per contract): -$1,006.50
Breakeven(s): $10.08
Risk / Reward Ratio: 0.092

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

ABSI cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on ABSI. 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	-99.9%	-$1,006.50
$2.55	-77.8%	-$752.34
$5.09	-55.7%	-$498.18
$7.63	-33.6%	-$244.02
$10.18	-11.5%	+$10.14
$12.72	+10.6%	+$92.50
$15.26	+32.7%	+$92.50
$17.80	+54.8%	+$92.50
$20.34	+76.9%	+$92.50
$22.88	+99.0%	+$92.50

When traders use cash-secured put on ABSI

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

ABSI thesis for this cash-secured put

The market-implied 1-standard-deviation range for ABSI extends from approximately $7.54 on the downside to $15.46 on the upside. A ABSI cash-secured put lets a trader earn premium while waiting to acquire ABSI 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 ABSI IV rank near 51.17% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on ABSI should anchor more to the directional view and the expected-move geometry. As a Healthcare name, ABSI options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to ABSI-specific events.

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

Frequently asked questions

What is a cash-secured put on ABSI?: A cash-secured put on ABSI is the cash-secured put strategy applied to ABSI (stock). 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 ABSI stock trading near $11.50, the strikes shown on this page are snapped to the nearest listed ABSI chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are ABSI 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 ABSI cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 120.20%), the computed maximum profit is $92.50 per contract and the computed maximum loss is -$1,006.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a ABSI cash-secured put?: The breakeven for the ABSI cash-secured put priced on this page is roughly $10.08 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 ABSI market-implied 1-standard-deviation expected move is approximately 34.46%; 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 ABSI?: Cash-secured puts on ABSI earn premium while a trader waits to acquire ABSI stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning ABSI.
How does current ABSI implied volatility affect this cash-secured put?: ABSI ATM IV is at 120.20% with IV rank near 51.17%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.