DBRG Cash-Secured Put Strategy
DBRG (DigitalBridge Group, Inc.), in the Financial Services sector, (Asset Management industry), listed on NYSE.
DigitalBridge Group, Inc., known on the NYSE as DBRG, operates as a specialized investment firm focused on infrastructure. Its core business involves both deploying capital into and actively managing companies throughout the extensive digital ecosystem. This encompasses a broad spectrum of critical assets, including mobile communication towers, data centers, fiber optic networks, small cell deployments, edge infrastructure, broader digital infrastructure components, and related real estate holdings. Established in 2009, the company's corporate headquarters are located in Boca Raton, Florida. DigitalBridge also maintains a global presence with additional offices in Los Angeles, California; New York, New York; Boston, Massachusetts; Denver, Colorado; London, United Kingdom; Senningerberg, Luxembourg; and Singapore.
DBRG (DigitalBridge Group, Inc.) trades in the Financial Services sector, specifically Asset Management, with a market capitalization of approximately $2.88B, a trailing P/E of 19.14, a beta of 1.47 versus the broader market, a 52-week range of 8.94-15.8, average daily share volume of 2.8M, a public-listing history dating back to 2014, approximately 324 full-time employees. These structural characteristics shape how DBRG stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.47 indicates DBRG has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. DBRG 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 DBRG?
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 DBRG snapshot
As of June 30, 2026, spot at $15.77, ATM IV 62.16%, IV rank 13.61%, expected move 17.82%. The cash-secured put on DBRG 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 31-day expiry.
Why this cash-secured put structure on DBRG specifically: DBRG IV at 62.16% is on the cheap side of its 1-year range, which means a premium-selling DBRG cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 17.82% (roughly $2.81 on the underlying). The 31-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated DBRG expiries trade a higher absolute premium for lower per-day decay. Position sizing on DBRG should anchor to the underlying notional of $15.77 per share and to the trader's directional view on DBRG stock.
DBRG cash-secured put setup
The DBRG 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 DBRG near $15.77, the first option leg uses a $15.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed DBRG chain at a 31-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 DBRG shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $15.00 | $0.74 |
DBRG cash-secured put risk and reward
- Net Premium / Debit
- +$74.00
- Max Profit (per contract)
- $74.00
- Max Loss (per contract)
- -$1,425.00
- Breakeven(s)
- $14.26
- Risk / Reward Ratio
- 0.052
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
DBRG cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on DBRG. 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 | -99.9% | -$1,425.00 |
| $3.50 | -77.8% | -$1,076.43 |
| $6.98 | -55.7% | -$727.85 |
| $10.47 | -33.6% | -$379.28 |
| $13.95 | -11.5% | -$30.71 |
| $17.44 | +10.6% | +$74.00 |
| $20.92 | +32.7% | +$74.00 |
| $24.41 | +54.8% | +$74.00 |
| $27.90 | +76.9% | +$74.00 |
| $31.38 | +99.0% | +$74.00 |
When traders use cash-secured put on DBRG
Cash-secured puts on DBRG earn premium while a trader waits to acquire DBRG stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning DBRG.
DBRG thesis for this cash-secured put
The market-implied 1-standard-deviation range for DBRG extends from approximately $12.96 on the downside to $18.58 on the upside. A DBRG cash-secured put lets a trader earn premium while waiting to acquire DBRG 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 DBRG IV rank near 13.61% 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 DBRG at 62.16%. As a Financial Services name, DBRG options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to DBRG-specific events.
DBRG 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. DBRG positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move DBRG alongside the broader basket even when DBRG-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on DBRG carry tail risk when realized volatility exceeds the implied move; review historical DBRG earnings reactions and macro stress periods before sizing. Always rebuild the position from current DBRG chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on DBRG?
- A cash-secured put on DBRG is the cash-secured put strategy applied to DBRG (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 DBRG stock trading near $15.77, the strikes shown on this page are snapped to the nearest listed DBRG chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are DBRG 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 DBRG cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 62.16%), the computed maximum profit is $74.00 per contract and the computed maximum loss is -$1,425.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a DBRG cash-secured put?
- The breakeven for the DBRG cash-secured put priced on this page is roughly $14.26 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 DBRG market-implied 1-standard-deviation expected move is approximately 17.82%; 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 DBRG?
- Cash-secured puts on DBRG earn premium while a trader waits to acquire DBRG stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning DBRG.
- How does current DBRG implied volatility affect this cash-secured put?
- DBRG ATM IV is at 62.16% with IV rank near 13.61%, 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.