How are MDWD 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 MDWD cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 16.40%), the computed maximum profit is $37.50 per contract and the computed maximum loss is -$1,261.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

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

The breakeven for the MDWD cash-secured put priced on this page is roughly $12.63 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The MDWD market-implied 1-standard-deviation expected move in the same options snapshot is approximately 4.70%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

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

MDWD ATM IV is at 16.40% with IV rank near 0.00%, 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.

MDWD Cash-Secured Put Strategy

MDWD (MediWound Ltd.), in the Healthcare sector, (Biotechnology industry), listed on NASDAQ.

MediWound Ltd., a biopharmaceutical company, develops, manufactures, and commercializes novel, bio-therapeutic, and non-surgical solutions for tissue repair and regeneration in the United States, Germany, Italy, Spain, and internationally. The company markets NexoBrid, a biopharmaceutical product for the removal of eschar in patients with deep partial- and full-thickness thermal burns to burn centers and hospitals burn units. It also develops EscharEx, a bromelain-based, bioactive enzymatic therapy for the treatment of chronic wounds and other hard-to-heal wounds; and MW005, a topically applied biological product candidate to treat non-melanoma skin cancers. MediWound Ltd. was incorporated in 2000 and is headquartered in Yavne, Israel.

MDWD (MediWound Ltd.) trades in the Healthcare sector, specifically Biotechnology, with a market capitalization of approximately $178.7M, a beta of 0.16 versus the broader market, a 52-week range of 13.54-20.3, average daily share volume of 88K, a public-listing history dating back to 2014, approximately 121 full-time employees. These structural characteristics shape how MDWD stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.16 indicates MDWD has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.

What is a cash-secured put on MDWD?

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.

MDWD snapshot

As of August 14, 2026, spot at $13.52, ATM IV 16.40%, IV rank 0.00%, expected move 4.70%. The cash-secured put on MDWD below is built from the August 14, 2026 end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 35-day expiry.

Why this cash-secured put structure on MDWD specifically: MDWD IV at 16.40% is on the cheap side of its 1-year range, which means a premium-selling MDWD cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 4.70% (roughly $0.64 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated MDWD expiries trade a higher absolute premium for lower per-day decay. Position sizing on MDWD should anchor to the underlying notional of $13.52 per share and to the trader's directional view on MDWD stock.

MDWD cash-secured put setup

The MDWD cash-secured put below is built from the August 14, 2026 end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With MDWD at $13.52 on that close, the first option leg uses a $13.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed MDWD chain at a 35-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 MDWD shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$13.00	$0.38

MDWD cash-secured put risk and reward

Net Premium / Debit: +$37.50
Max Profit (per contract): $37.50
Max Loss (per contract): -$1,261.50
Breakeven(s): $12.63
Risk / Reward Ratio: 0.030

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

MDWD cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on MDWD. 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	-99.9%	-$1,261.50
$3.00	-77.8%	-$962.68
$5.99	-55.7%	-$663.85
$8.97	-33.6%	-$365.03
$11.96	-11.5%	-$66.20
$14.95	+10.6%	+$37.50
$17.94	+32.7%	+$37.50
$20.93	+54.8%	+$37.50
$23.92	+76.9%	+$37.50
$26.90	+99.0%	+$37.50

When traders use cash-secured put on MDWD

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

MDWD thesis for this cash-secured put

The market-implied 1-standard-deviation range for MDWD extends from approximately $12.88 on the downside to $14.16 on the upside. A MDWD cash-secured put lets a trader earn premium while waiting to acquire MDWD 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 MDWD IV rank near 0.00% 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 MDWD at 16.40%. As a Healthcare name, MDWD options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to MDWD-specific events.

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

Frequently asked questions

What is a cash-secured put on MDWD?: A cash-secured put on MDWD is the cash-secured put strategy applied to MDWD (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 MDWD stock at $13.52 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed MDWD chain strike and the premiums come straight from that session's bid/ask midpoint.
How are MDWD 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 MDWD cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 16.40%), the computed maximum profit is $37.50 per contract and the computed maximum loss is -$1,261.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a MDWD cash-secured put?: The breakeven for the MDWD cash-secured put priced on this page is roughly $12.63 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The MDWD market-implied 1-standard-deviation expected move in the same options snapshot is approximately 4.70%; 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 MDWD?: Cash-secured puts on MDWD earn premium while a trader waits to acquire MDWD stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning MDWD.
How does current MDWD implied volatility affect this cash-secured put?: MDWD ATM IV is at 16.40% with IV rank near 0.00%, 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.