ACN Cash-Secured Put Strategy
ACN (Accenture plc), in the Technology sector, (Information Technology Services industry), listed on NYSE.
Accenture plc is a global professional services firm that delivers a wide array of strategy, consulting, interactive, technology, and operations services worldwide. Its comprehensive offerings include application services such as agile transformation, DevOps implementation, application modernization, enterprise architecture, software and quality engineering, and data management. It also specializes in intelligent automation, incorporating robotic process automation, natural language processing, and virtual agents, alongside liquid application management and various program, project, and service management solutions. The company provides strategic consulting, focusing on critical data elements, data governance, platform architecture, and enabling product-centric organizations to ensure business adoption and value realization. Accenture supports the digitization of engineering and research & development, designs and develops smart connected products, modernizes product platforms, and facilitates product-as-a-service models. It also offers solutions for production and operations, autonomous robotics systems, digital transformation of capital projects, and digital industrial workforce solutions.
ACN (Accenture plc) trades in the Technology sector, specifically Information Technology Services, with a market capitalization of approximately $110.24B, a trailing P/E of 14.10, a beta of 1.12 versus the broader market, a 52-week range of 118.15-291.09, average daily share volume of 7.6M, a public-listing history dating back to 2001, approximately 799K full-time employees. These structural characteristics shape how ACN stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.12 places ACN roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. ACN 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 ACN?
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.
ACN snapshot
As of August 14, 2026, spot at $176.28, ATM IV 42.60%, IV rank 54.02%, expected move 12.21%. The cash-secured put on ACN 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 28-day expiry.
Why this cash-secured put structure on ACN specifically: ACN IV at 42.60% is mid-range versus its 1-year history, so the credit collected on a ACN cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 12.21% (roughly $21.53 on the underlying). The 28-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated ACN expiries trade a higher absolute premium for lower per-day decay. Position sizing on ACN should anchor to the underlying notional of $176.28 per share and to the trader's directional view on ACN stock.
ACN cash-secured put setup
The ACN 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 ACN at $176.28 on that close, the first option leg uses a $167.50 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed ACN chain at a 28-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 ACN shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $167.50 | $4.20 |
ACN cash-secured put risk and reward
- Net Premium / Debit
- +$420.00
- Max Profit (per contract)
- $420.00
- Max Loss (per contract)
- -$16,329.00
- Breakeven(s)
- $163.30
- Risk / Reward Ratio
- 0.026
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
ACN cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on ACN. 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.
| Underlying Price | % From Spot | P&L at Expiration |
|---|---|---|
| $0.01 | -100.0% | -$16,329.00 |
| $38.99 | -77.9% | -$12,431.46 |
| $77.96 | -55.8% | -$8,533.92 |
| $116.94 | -33.7% | -$4,636.39 |
| $155.91 | -11.6% | -$738.85 |
| $194.89 | +10.6% | +$420.00 |
| $233.86 | +32.7% | +$420.00 |
| $272.84 | +54.8% | +$420.00 |
| $311.81 | +76.9% | +$420.00 |
| $350.79 | +99.0% | +$420.00 |
When traders use cash-secured put on ACN
Cash-secured puts on ACN earn premium while a trader waits to acquire ACN stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning ACN.
ACN thesis for this cash-secured put
The market-implied 1-standard-deviation range for ACN extends from approximately $154.75 on the downside to $197.81 on the upside. A ACN cash-secured put lets a trader earn premium while waiting to acquire ACN 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 ACN IV rank near 54.02% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on ACN should anchor more to the directional view and the expected-move geometry. As a Technology name, ACN options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to ACN-specific events.
ACN 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. ACN positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move ACN alongside the broader basket even when ACN-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on ACN carry tail risk when realized volatility exceeds the implied move; review historical ACN earnings reactions and macro stress periods before sizing. Always rebuild the position from current ACN chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on ACN?
- A cash-secured put on ACN is the cash-secured put strategy applied to ACN (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 ACN stock at $176.28 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed ACN chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are ACN 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 ACN cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 42.60%), the computed maximum profit is $420.00 per contract and the computed maximum loss is -$16,329.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a ACN cash-secured put?
- The breakeven for the ACN cash-secured put priced on this page is roughly $163.30 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 ACN market-implied 1-standard-deviation expected move in the same options snapshot is approximately 12.21%; 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 ACN?
- Cash-secured puts on ACN earn premium while a trader waits to acquire ACN stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning ACN.
- How does current ACN implied volatility affect this cash-secured put?
- ACN ATM IV is at 42.60% with IV rank near 54.02%, 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.