KULR Cash-Secured Put Strategy
KULR (KULR Technology Group, Inc.), in the Technology sector, (Hardware, Equipment & Parts industry), listed on AMEX.
KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells its products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. KULR Technology Group, Inc. was founded in 2013 and is based in San Diego, California.
KULR (KULR Technology Group, Inc.) trades in the Technology sector, specifically Hardware, Equipment & Parts, with a market capitalization of approximately $187.3M, a beta of 2.00 versus the broader market, a 52-week range of 1.94-12.8, average daily share volume of 1.3M, a public-listing history dating back to 2018, approximately 52 full-time employees. These structural characteristics shape how KULR stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 2.00 indicates KULR 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 KULR?
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 KULR snapshot
As of May 13, 2026, spot at $4.03, ATM IV 132.00%, IV rank 20.65%, expected move 37.84%. The cash-secured put on KULR 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 36-day expiry.
Why this cash-secured put structure on KULR specifically: KULR IV at 132.00% is on the cheap side of its 1-year range, which means a premium-selling KULR cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 37.84% (roughly $1.53 on the underlying). The 36-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated KULR expiries trade a higher absolute premium for lower per-day decay. Position sizing on KULR should anchor to the underlying notional of $4.03 per share and to the trader's directional view on KULR stock.
KULR cash-secured put setup
The KULR 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 KULR near $4.03, the first option leg uses a $3.83 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed KULR chain at a 36-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 KULR shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $3.83 | N/A |
KULR 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.
KULR cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on KULR. 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 KULR
Cash-secured puts on KULR earn premium while a trader waits to acquire KULR stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning KULR.
KULR thesis for this cash-secured put
The market-implied 1-standard-deviation range for KULR extends from approximately $2.50 on the downside to $5.56 on the upside. A KULR cash-secured put lets a trader earn premium while waiting to acquire KULR 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 KULR IV rank near 20.65% 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 KULR at 132.00%. As a Technology name, KULR options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to KULR-specific events.
KULR 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. KULR positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move KULR alongside the broader basket even when KULR-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on KULR carry tail risk when realized volatility exceeds the implied move; review historical KULR earnings reactions and macro stress periods before sizing. Always rebuild the position from current KULR chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on KULR?
- A cash-secured put on KULR is the cash-secured put strategy applied to KULR (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 KULR stock trading near $4.03, the strikes shown on this page are snapped to the nearest listed KULR chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are KULR 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 KULR cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 132.00%), 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 KULR cash-secured put?
- The breakeven for the KULR 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 KULR market-implied 1-standard-deviation expected move is approximately 37.84%; 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 KULR?
- Cash-secured puts on KULR earn premium while a trader waits to acquire KULR stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning KULR.
- How does current KULR implied volatility affect this cash-secured put?
- KULR ATM IV is at 132.00% with IV rank near 20.65%, 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.