CCC Cash-Secured Put Strategy
CCC (CCC Intelligent Solutions Holdings Inc.), in the Technology sector, (Software - Infrastructure industry), listed on NASDAQ.
CCC Intelligent Solutions Holdings Inc. provides cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. It SaaS platform digitizes mission-critical AI-enabled workflows, facilitates commerce, and connects businesses across the insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufactures, financial institution, and others. The company offers CCC Insurance solutions, including CCC workflow, CCC estimating, CCC total loss, CCC AI and analytics, and CCC casualty; CCC Repair solutions, such as CCC network management, CCC repair workflow, and CCC repair quality; CCC Other Ecosystem solutions, comprising CCC parts solutions, CCC automotive manufacturer solutions, CCC lender solutions, and CCC payments; and CCC International solutions. CCC Intelligent Solutions Holdings Inc. was founded in 1980 and is headquartered in Chicago, Illinois.
CCC (CCC Intelligent Solutions Holdings Inc.) trades in the Technology sector, specifically Software - Infrastructure, with a market capitalization of approximately $2.48B, a trailing P/E of 71.79, a beta of 0.56 versus the broader market, a 52-week range of 4.08-10.5, average daily share volume of 12.6M, a public-listing history dating back to 2020, approximately 2K full-time employees. These structural characteristics shape how CCC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.56 indicates CCC has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure. The trailing P/E of 71.79 is on the rich side, which tends to correlate with higher earnings-window IV expansion as the market debates whether forward growth supports the multiple.
What is a cash-secured put on CCC?
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 CCC snapshot
As of May 15, 2026, spot at $4.29, ATM IV 284.20%, IV rank 100.00%, expected move 81.48%. The cash-secured put on CCC 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 34-day expiry.
Why this cash-secured put structure on CCC specifically: CCC IV at 284.20% is rich versus its 1-year range, which favors premium-selling structures like a CCC cash-secured put, with a market-implied 1-standard-deviation move of approximately 81.48% (roughly $3.50 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated CCC expiries trade a higher absolute premium for lower per-day decay. Position sizing on CCC should anchor to the underlying notional of $4.29 per share and to the trader's directional view on CCC stock.
CCC cash-secured put setup
The CCC 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 CCC near $4.29, the first option leg uses a $4.08 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed CCC chain at a 34-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 CCC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $4.08 | N/A |
CCC cash-secured put risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
CCC cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on CCC. 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.
When traders use cash-secured put on CCC
Cash-secured puts on CCC earn premium while a trader waits to acquire CCC stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning CCC.
CCC thesis for this cash-secured put
The market-implied 1-standard-deviation range for CCC extends from approximately $0.79 on the downside to $7.79 on the upside. A CCC cash-secured put lets a trader earn premium while waiting to acquire CCC 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 CCC IV rank near 100.00% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on CCC at 284.20%. As a Technology name, CCC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to CCC-specific events.
CCC 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. CCC positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move CCC alongside the broader basket even when CCC-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on CCC carry tail risk when realized volatility exceeds the implied move; review historical CCC earnings reactions and macro stress periods before sizing. Always rebuild the position from current CCC chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on CCC?
- A cash-secured put on CCC is the cash-secured put strategy applied to CCC (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 CCC stock trading near $4.29, the strikes shown on this page are snapped to the nearest listed CCC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are CCC 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 CCC cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 284.20%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a CCC cash-secured put?
- The breakeven for the CCC cash-secured put priced on this page is no defined breakeven on the modeled curve 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 CCC market-implied 1-standard-deviation expected move is approximately 81.48%; 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 CCC?
- Cash-secured puts on CCC earn premium while a trader waits to acquire CCC stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning CCC.
- How does current CCC implied volatility affect this cash-secured put?
- CCC ATM IV is at 284.20% with IV rank near 100.00%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.