How are FEIM 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 FEIM cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 109.90%), the computed maximum profit is $780.00 per contract and the computed maximum loss is -$5,219.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

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

The breakeven for the FEIM cash-secured put priced on this page is roughly $52.20 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 FEIM market-implied 1-standard-deviation expected move is approximately 31.51%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

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

Current FEIM ATM IV is 109.90%; IV rank context is unavailable in the current snapshot.

FEIM Cash-Secured Put Strategy

FEIM (Frequency Electronics, Inc.), in the Technology sector, (Communication Equipment industry), listed on NASDAQ.

Frequency Electronics, Inc. (FEIM) is a firm dedicated to the design, development, production, and sale of highly precise timing and frequency control products and their associated components. These specialized items are primarily intended for microwave integrated circuit applications. The company's operations are divided into two main segments. The FEI-NY segment is responsible for advanced timekeeping, frequency generation, and synchronization systems, which find utility in communication satellites, ground-based cellular telecommunication stations, and other similar terrestrial installations. This segment also supplies bespoke components and systems to the United States military. Meanwhile, the FEI-Zyfer segment focuses on crafting precision navigation and timing solutions.

FEIM (Frequency Electronics, Inc.) trades in the Technology sector, specifically Communication Equipment, with a market capitalization of approximately $615.3M, a trailing P/E of 84.76, a beta of 0.61 versus the broader market, a 52-week range of 18.7-80, average daily share volume of 181K, a public-listing history dating back to 1980, approximately 200 full-time employees. These structural characteristics shape how FEIM stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.61 indicates FEIM 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 84.76 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. FEIM 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 FEIM?

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 FEIM snapshot

As of June 29, 2026, spot at $62.22, ATM IV 109.90%, expected move 31.51%. The cash-secured put on FEIM 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 53-day expiry.

Why this cash-secured put structure on FEIM specifically: IV rank is unavailable in the current snapshot, so regime-based timing for FEIM is inferred from ATM IV at 109.90% alone, with a market-implied 1-standard-deviation move of approximately 31.51% (roughly $19.60 on the underlying). The 53-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated FEIM expiries trade a higher absolute premium for lower per-day decay. Position sizing on FEIM should anchor to the underlying notional of $62.22 per share and to the trader's directional view on FEIM stock.

FEIM cash-secured put setup

The FEIM 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 FEIM near $62.22, the first option leg uses a $60.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed FEIM chain at a 53-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 FEIM shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$60.00	$7.80

FEIM cash-secured put risk and reward

Net Premium / Debit: +$780.00
Max Profit (per contract): $780.00
Max Loss (per contract): -$5,219.00
Breakeven(s): $52.20
Risk / Reward Ratio: 0.149

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

FEIM cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on FEIM. 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	-100.0%	-$5,219.00
$13.77	-77.9%	-$3,843.39
$27.52	-55.8%	-$2,467.78
$41.28	-33.7%	-$1,092.18
$55.03	-11.5%	+$283.43
$68.79	+10.6%	+$780.00
$82.55	+32.7%	+$780.00
$96.30	+54.8%	+$780.00
$110.06	+76.9%	+$780.00
$123.81	+99.0%	+$780.00

When traders use cash-secured put on FEIM

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

FEIM thesis for this cash-secured put

The market-implied 1-standard-deviation range for FEIM extends from approximately $42.62 on the downside to $81.82 on the upside. A FEIM cash-secured put lets a trader earn premium while waiting to acquire FEIM 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. As a Technology name, FEIM options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to FEIM-specific events.

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

Frequently asked questions

What is a cash-secured put on FEIM?: A cash-secured put on FEIM is the cash-secured put strategy applied to FEIM (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 FEIM stock trading near $62.22, the strikes shown on this page are snapped to the nearest listed FEIM chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are FEIM 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 FEIM cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 109.90%), the computed maximum profit is $780.00 per contract and the computed maximum loss is -$5,219.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a FEIM cash-secured put?: The breakeven for the FEIM cash-secured put priced on this page is roughly $52.20 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 FEIM market-implied 1-standard-deviation expected move is approximately 31.51%; 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 FEIM?: Cash-secured puts on FEIM earn premium while a trader waits to acquire FEIM stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning FEIM.
How does current FEIM implied volatility affect this cash-secured put?: Current FEIM ATM IV is 109.90%; IV rank context is unavailable in the current snapshot.