FUBO Cash-Secured Put Strategy
FUBO (fuboTV Inc.), in the Communication Services sector, (Broadcasting industry), listed on NYSE.
fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.
FUBO (fuboTV Inc.) trades in the Communication Services sector, specifically Broadcasting, with a market capitalization of approximately $1.08B, a beta of 2.51 versus the broader market, a 52-week range of 8.31-56.64, average daily share volume of 1.8M, a public-listing history dating back to 2019, approximately 590 full-time employees. These structural characteristics shape how FUBO stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 2.51 indicates FUBO has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position.
What is a cash-secured put on FUBO?
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 FUBO snapshot
As of May 14, 2026, spot at $9.78, ATM IV 83.79%, IV rank 13.59%, expected move 24.02%. The cash-secured put on FUBO 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 28-day expiry.
Why this cash-secured put structure on FUBO specifically: FUBO IV at 83.79% is on the cheap side of its 1-year range, which means a premium-selling FUBO cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 24.02% (roughly $2.35 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 FUBO expiries trade a higher absolute premium for lower per-day decay. Position sizing on FUBO should anchor to the underlying notional of $9.78 per share and to the trader's directional view on FUBO stock.
FUBO cash-secured put setup
The FUBO 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 FUBO near $9.78, the first option leg uses a $9.50 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed FUBO 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 FUBO shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $9.50 | $0.68 |
FUBO cash-secured put risk and reward
- Net Premium / Debit
- +$68.00
- Max Profit (per contract)
- $68.00
- Max Loss (per contract)
- -$881.00
- Breakeven(s)
- $8.82
- Risk / Reward Ratio
- 0.077
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
FUBO cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on FUBO. 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% | -$881.00 |
| $2.17 | -77.8% | -$664.87 |
| $4.33 | -55.7% | -$448.74 |
| $6.49 | -33.6% | -$232.61 |
| $8.66 | -11.5% | -$16.48 |
| $10.82 | +10.6% | +$68.00 |
| $12.98 | +32.7% | +$68.00 |
| $15.14 | +54.8% | +$68.00 |
| $17.30 | +76.9% | +$68.00 |
| $19.46 | +99.0% | +$68.00 |
When traders use cash-secured put on FUBO
Cash-secured puts on FUBO earn premium while a trader waits to acquire FUBO stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning FUBO.
FUBO thesis for this cash-secured put
The market-implied 1-standard-deviation range for FUBO extends from approximately $7.43 on the downside to $12.13 on the upside. A FUBO cash-secured put lets a trader earn premium while waiting to acquire FUBO 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 FUBO IV rank near 13.59% 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 FUBO at 83.79%. As a Communication Services name, FUBO options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to FUBO-specific events.
FUBO 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. FUBO positions also carry Communication Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move FUBO alongside the broader basket even when FUBO-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on FUBO carry tail risk when realized volatility exceeds the implied move; review historical FUBO earnings reactions and macro stress periods before sizing. Always rebuild the position from current FUBO chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on FUBO?
- A cash-secured put on FUBO is the cash-secured put strategy applied to FUBO (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 FUBO stock trading near $9.78, the strikes shown on this page are snapped to the nearest listed FUBO chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are FUBO 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 FUBO cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 83.79%), the computed maximum profit is $68.00 per contract and the computed maximum loss is -$881.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a FUBO cash-secured put?
- The breakeven for the FUBO cash-secured put priced on this page is roughly $8.82 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 FUBO market-implied 1-standard-deviation expected move is approximately 24.02%; 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 FUBO?
- Cash-secured puts on FUBO earn premium while a trader waits to acquire FUBO stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning FUBO.
- How does current FUBO implied volatility affect this cash-secured put?
- FUBO ATM IV is at 83.79% with IV rank near 13.59%, 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.