AMKR Cash-Secured Put Strategy
AMKR (Amkor Technology, Inc.), in the Technology sector, (Semiconductors industry), listed on NASDAQ.
Amkor Technology, Inc. operates internationally, delivering external semiconductor packaging and testing solutions across North America, Japan, Europe, the Middle East, Africa, and the broader Asia Pacific region. Their comprehensive, end-to-end offerings encompass a range of processes, including semiconductor wafer bumping, probing, back-grinding, package conceptualization, final packaging, testing, and direct shipment services. The company's product portfolio features flip-chip scale packages, critical for devices like smartphones, tablets, and other portable consumer electronics. They also provide flip-chip stacked chip-scale packages, designed for layering memory atop digital basebands and as application processors in mobile units. Flip-chip ball grid array packages cater to diverse applications in networking, data storage, computing, and general consumer products. Wafer-level CSP packages find use in power management systems, transceivers, sensors, wireless charging technologies, codecs, radar systems, and specialized silicon components.
AMKR (Amkor Technology, Inc.) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $13.81B, a trailing P/E of 24.77, a beta of 2.25 versus the broader market, a 52-week range of 22.74-96.68, average daily share volume of 5.4M, a public-listing history dating back to 1998, approximately 31K full-time employees. These structural characteristics shape how AMKR stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 2.25 indicates AMKR has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. AMKR 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 AMKR?
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.
AMKR snapshot
As of August 14, 2026, spot at $58.61, ATM IV 70.57%, IV rank 40.84%, expected move 20.23%. The cash-secured put on AMKR 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 AMKR specifically: AMKR IV at 70.57% is mid-range versus its 1-year history, so the credit collected on a AMKR cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 20.23% (roughly $11.86 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 AMKR expiries trade a higher absolute premium for lower per-day decay. Position sizing on AMKR should anchor to the underlying notional of $58.61 per share and to the trader's directional view on AMKR stock.
AMKR cash-secured put setup
The AMKR 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 AMKR at $58.61 on that close, the first option leg uses a $56.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AMKR 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 AMKR shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $56.00 | $3.40 |
AMKR cash-secured put risk and reward
- Net Premium / Debit
- +$340.00
- Max Profit (per contract)
- $340.00
- Max Loss (per contract)
- -$5,259.00
- Breakeven(s)
- $52.60
- Risk / Reward Ratio
- 0.065
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
AMKR cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on AMKR. 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% | -$5,259.00 |
| $12.97 | -77.9% | -$3,963.21 |
| $25.93 | -55.8% | -$2,667.42 |
| $38.88 | -33.7% | -$1,371.63 |
| $51.84 | -11.5% | -$75.84 |
| $64.80 | +10.6% | +$340.00 |
| $77.76 | +32.7% | +$340.00 |
| $90.72 | +54.8% | +$340.00 |
| $103.67 | +76.9% | +$340.00 |
| $116.63 | +99.0% | +$340.00 |
When traders use cash-secured put on AMKR
Cash-secured puts on AMKR earn premium while a trader waits to acquire AMKR stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AMKR.
AMKR thesis for this cash-secured put
The market-implied 1-standard-deviation range for AMKR extends from approximately $46.75 on the downside to $70.47 on the upside. A AMKR cash-secured put lets a trader earn premium while waiting to acquire AMKR 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 AMKR IV rank near 40.84% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on AMKR should anchor more to the directional view and the expected-move geometry. As a Technology name, AMKR options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AMKR-specific events.
AMKR 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. AMKR positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AMKR alongside the broader basket even when AMKR-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on AMKR carry tail risk when realized volatility exceeds the implied move; review historical AMKR earnings reactions and macro stress periods before sizing. Always rebuild the position from current AMKR chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on AMKR?
- A cash-secured put on AMKR is the cash-secured put strategy applied to AMKR (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 AMKR stock at $58.61 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed AMKR chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are AMKR 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 AMKR cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 70.57%), the computed maximum profit is $340.00 per contract and the computed maximum loss is -$5,259.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a AMKR cash-secured put?
- The breakeven for the AMKR cash-secured put priced on this page is roughly $52.60 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 AMKR market-implied 1-standard-deviation expected move in the same options snapshot is approximately 20.23%; 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 AMKR?
- Cash-secured puts on AMKR earn premium while a trader waits to acquire AMKR stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AMKR.
- How does current AMKR implied volatility affect this cash-secured put?
- AMKR ATM IV is at 70.57% with IV rank near 40.84%, 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.