How are NNE 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 NNE cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 84.93%), the computed maximum profit is $132.50 per contract and the computed maximum loss is -$1,716.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

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

The breakeven for the NNE cash-secured put priced on this page is roughly $17.18 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 NNE market-implied 1-standard-deviation expected move in the same options snapshot is approximately 24.35%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

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

NNE ATM IV is at 84.93% with IV rank near 20.87%, 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.

NNE Cash-Secured Put Strategy

NNE (Nano Nuclear Energy Inc.), in the Industrials sector, (Electrical Equipment & Parts industry), listed on NASDAQ.

NANO Nuclear Energy Inc. operates as a nuclear energy company. The company is developing KRONOS MMR Energy System, a high-temperature gas-cooled reactor; LOKI MMR, a compact microreactor designed for remote and specialized applications; ZEUS, a solid core battery reactor; and ODIN, a low-pressure salt coolant reactor. It is also developing a high-assay low-enriched uranium fuel processing facility to provide a fuel pipeline for the nuclear reactor industry, and fuel transportation and nuclear consultation businesses. The company was incorporated in 2022 and is based in New York, New York.

NNE (Nano Nuclear Energy Inc.) trades in the Industrials sector, specifically Electrical Equipment & Parts, with a market capitalization of approximately $1.02B, a beta of 5.41 versus the broader market, a 52-week range of 14.71-60.87, average daily share volume of 2.6M, a public-listing history dating back to 2024, approximately 36 full-time employees. These structural characteristics shape how NNE stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 5.41 indicates NNE 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 NNE?

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.

NNE snapshot

As of August 14, 2026, spot at $19.73, ATM IV 84.93%, IV rank 20.87%, expected move 24.35%. The cash-secured put on NNE 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 28-day expiry.

Why this cash-secured put structure on NNE specifically: NNE IV at 84.93% is on the cheap side of its 1-year range, which means a premium-selling NNE cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 24.35% (roughly $4.80 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 NNE expiries trade a higher absolute premium for lower per-day decay. Position sizing on NNE should anchor to the underlying notional of $19.73 per share and to the trader's directional view on NNE stock.

NNE cash-secured put setup

The NNE 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 NNE at $19.73 on that close, the first option leg uses a $18.50 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed NNE 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 NNE shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$18.50	$1.33

NNE cash-secured put risk and reward

Net Premium / Debit: +$132.50
Max Profit (per contract): $132.50
Max Loss (per contract): -$1,716.50
Breakeven(s): $17.18
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.

NNE cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on NNE. 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%	-$1,716.50
$4.37	-77.8%	-$1,280.37
$8.73	-55.7%	-$844.24
$13.09	-33.6%	-$408.11
$17.46	-11.5%	+$28.02
$21.82	+10.6%	+$132.50
$26.18	+32.7%	+$132.50
$30.54	+54.8%	+$132.50
$34.90	+76.9%	+$132.50
$39.26	+99.0%	+$132.50

When traders use cash-secured put on NNE

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

NNE thesis for this cash-secured put

The market-implied 1-standard-deviation range for NNE extends from approximately $14.93 on the downside to $24.53 on the upside. A NNE cash-secured put lets a trader earn premium while waiting to acquire NNE 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 NNE IV rank near 20.87% 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 NNE at 84.93%. As a Industrials name, NNE options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to NNE-specific events.

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

Frequently asked questions

What is a cash-secured put on NNE?: A cash-secured put on NNE is the cash-secured put strategy applied to NNE (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 NNE stock at $19.73 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed NNE chain strike and the premiums come straight from that session's bid/ask midpoint.
How are NNE 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 NNE cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 84.93%), the computed maximum profit is $132.50 per contract and the computed maximum loss is -$1,716.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a NNE cash-secured put?: The breakeven for the NNE cash-secured put priced on this page is roughly $17.18 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 NNE market-implied 1-standard-deviation expected move in the same options snapshot is approximately 24.35%; 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 NNE?: Cash-secured puts on NNE earn premium while a trader waits to acquire NNE stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning NNE.
How does current NNE implied volatility affect this cash-secured put?: NNE ATM IV is at 84.93% with IV rank near 20.87%, 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.