QUIK Cash-Secured Put Strategy
QUIK (QuickLogic Corporation), in the Technology sector, (Semiconductors industry), listed on NASDAQ.
QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low power field programmable gate arrays (FPGAs); and analytics toolkit, an end-to-end software suite that offers processes for developing pattern matching sensor algorithms using machine learning technology, as well as programming hardware and design software solutions. The company's products include pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, SensiML Analytics Studio, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II, as well as silicon platforms, IP cores, software drivers, firmware, and application software. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. In addition, the company licenses FPGA technology for use in other semiconductor companies SoCs. It markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and the Asia Pacific.
QUIK (QuickLogic Corporation) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $386.8M, a beta of 1.11 versus the broader market, a 52-week range of 4.8-22.1, average daily share volume of 373K, a public-listing history dating back to 1999, approximately 59 full-time employees. These structural characteristics shape how QUIK stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.11 places QUIK roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline.
What is a cash-secured put on QUIK?
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 QUIK snapshot
As of May 15, 2026, spot at $19.21, ATM IV 102.10%, IV rank 32.36%, expected move 29.27%. The cash-secured put on QUIK 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 34-day expiry.
Why this cash-secured put structure on QUIK specifically: QUIK IV at 102.10% is mid-range versus its 1-year history, so the credit collected on a QUIK cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 29.27% (roughly $5.62 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated QUIK expiries trade a higher absolute premium for lower per-day decay. Position sizing on QUIK should anchor to the underlying notional of $19.21 per share and to the trader's directional view on QUIK stock.
QUIK cash-secured put setup
The QUIK 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 QUIK near $19.21, the first option leg uses a $18.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QUIK chain at a 34-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 QUIK shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $18.00 | $1.65 |
QUIK cash-secured put risk and reward
- Net Premium / Debit
- +$165.00
- Max Profit (per contract)
- $165.00
- Max Loss (per contract)
- -$1,634.00
- Breakeven(s)
- $16.35
- Risk / Reward Ratio
- 0.101
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
QUIK cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on QUIK. 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% | -$1,634.00 |
| $4.26 | -77.8% | -$1,209.37 |
| $8.50 | -55.7% | -$784.73 |
| $12.75 | -33.6% | -$360.10 |
| $17.00 | -11.5% | +$64.53 |
| $21.24 | +10.6% | +$165.00 |
| $25.49 | +32.7% | +$165.00 |
| $29.73 | +54.8% | +$165.00 |
| $33.98 | +76.9% | +$165.00 |
| $38.23 | +99.0% | +$165.00 |
When traders use cash-secured put on QUIK
Cash-secured puts on QUIK earn premium while a trader waits to acquire QUIK stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning QUIK.
QUIK thesis for this cash-secured put
The market-implied 1-standard-deviation range for QUIK extends from approximately $13.59 on the downside to $24.83 on the upside. A QUIK cash-secured put lets a trader earn premium while waiting to acquire QUIK 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 QUIK IV rank near 32.36% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on QUIK should anchor more to the directional view and the expected-move geometry. As a Technology name, QUIK options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QUIK-specific events.
QUIK 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. QUIK positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move QUIK alongside the broader basket even when QUIK-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on QUIK carry tail risk when realized volatility exceeds the implied move; review historical QUIK earnings reactions and macro stress periods before sizing. Always rebuild the position from current QUIK chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on QUIK?
- A cash-secured put on QUIK is the cash-secured put strategy applied to QUIK (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 QUIK stock trading near $19.21, the strikes shown on this page are snapped to the nearest listed QUIK chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are QUIK 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 QUIK cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 102.10%), the computed maximum profit is $165.00 per contract and the computed maximum loss is -$1,634.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a QUIK cash-secured put?
- The breakeven for the QUIK cash-secured put priced on this page is roughly $16.35 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 QUIK market-implied 1-standard-deviation expected move is approximately 29.27%; 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 QUIK?
- Cash-secured puts on QUIK earn premium while a trader waits to acquire QUIK stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning QUIK.
- How does current QUIK implied volatility affect this cash-secured put?
- QUIK ATM IV is at 102.10% with IV rank near 32.36%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.