How are NYSX long put max profit and max loss calculated?

Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium. For the NYSX long put priced from the end-of-day chain at a 30-day expiry (ATM IV 22.40%), the computed maximum profit is $12,556.50 per contract and the computed maximum loss is -$342.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a NYSX long put?

The breakeven for the NYSX long put priced on this page is roughly $125.58 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 NYSX market-implied 1-standard-deviation expected move is approximately 6.42%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current NYSX implied volatility affect this long put?

Current NYSX ATM IV is 22.40%; IV rank context is unavailable in the current snapshot.

NYSX Long Put Strategy

NYSX (Global X - NYSE 100 ETF), in the Financial Services sector, (Asset Management - Global industry), listed on AMEX.

The Global X NYSE 100 ETF, traded under the symbol NYSX, endeavors to replicate the financial performance of the NYSE 100 Index. Its goal is to achieve investment returns that closely mirror both the capital appreciation and dividend income generated by the index, prior to the subtraction of any management fees or operational costs.

NYSX (Global X - NYSE 100 ETF) trades in the Financial Services sector, specifically Asset Management - Global, with a market capitalization of approximately $1.2M, a beta of 0.00 versus the broader market, a 52-week range of 93.2561-132.062, average daily share volume of 4K, a public-listing history dating back to 2026. These structural characteristics shape how NYSX stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.00 indicates NYSX 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 long put on NYSX?

A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration.

Current NYSX snapshot

As of June 30, 2026, spot at $128.63, ATM IV 22.40%, expected move 6.42%. The long put on NYSX 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 17-day expiry.

Why this long put structure on NYSX specifically: IV rank is unavailable in the current snapshot, so regime-based timing for NYSX is inferred from ATM IV at 22.40% alone, with a market-implied 1-standard-deviation move of approximately 6.42% (roughly $8.26 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated NYSX expiries trade a higher absolute premium for lower per-day decay. Position sizing on NYSX should anchor to the underlying notional of $128.63 per share and to the trader's directional view on NYSX stock.

NYSX long put setup

The NYSX long 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 NYSX near $128.63, the first option leg uses a $129.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed NYSX chain at a 17-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 NYSX shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 1	Put	$129.00	$3.43

NYSX long put risk and reward

Net Premium / Debit: -$342.50
Max Profit (per contract): $12,556.50
Max Loss (per contract): -$342.50
Breakeven(s): $125.58
Risk / Reward Ratio: 36.661

Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium.

NYSX long put payoff curve

Modeled P&L at expiration across a range of underlying prices for the long put on NYSX. 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%	+$12,556.50
$28.45	-77.9%	+$9,712.53
$56.89	-55.8%	+$6,868.56
$85.33	-33.7%	+$4,024.59
$113.77	-11.6%	+$1,180.62
$142.21	+10.6%	-$342.50
$170.65	+32.7%	-$342.50
$199.09	+54.8%	-$342.50
$227.53	+76.9%	-$342.50
$255.97	+99.0%	-$342.50

When traders use long put on NYSX

Long puts on NYSX hedge an existing long NYSX stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying NYSX exposure being hedged.

NYSX thesis for this long put

The market-implied 1-standard-deviation range for NYSX extends from approximately $120.37 on the downside to $136.89 on the upside. A NYSX long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long NYSX position with one put per 100 shares held. As a Financial Services name, NYSX options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to NYSX-specific events.

NYSX long put positions are structurally bearish; 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. NYSX positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move NYSX alongside the broader basket even when NYSX-specific fundamentals are unchanged. Long-premium structures like a long put on NYSX are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current NYSX chain quotes before placing a trade.

Frequently asked questions

What is a long put on NYSX?: A long put on NYSX is the long put strategy applied to NYSX (stock). The strategy is structurally bearish: A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration. With NYSX stock trading near $128.63, the strikes shown on this page are snapped to the nearest listed NYSX chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are NYSX long put max profit and max loss calculated?: Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium. For the NYSX long put priced from the end-of-day chain at a 30-day expiry (ATM IV 22.40%), the computed maximum profit is $12,556.50 per contract and the computed maximum loss is -$342.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a NYSX long put?: The breakeven for the NYSX long put priced on this page is roughly $125.58 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 NYSX market-implied 1-standard-deviation expected move is approximately 6.42%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a long put on NYSX?: Long puts on NYSX hedge an existing long NYSX stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying NYSX exposure being hedged.
How does current NYSX implied volatility affect this long put?: Current NYSX ATM IV is 22.40%; IV rank context is unavailable in the current snapshot.