How are QXO 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 QXO cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 64.20%), the computed maximum profit is $95.00 per contract and the computed maximum loss is -$1,604.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

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

The breakeven for the QXO cash-secured put priced on this page is roughly $16.05 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 QXO market-implied 1-standard-deviation expected move is approximately 18.41%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

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

QXO ATM IV is at 64.20% with IV rank near 86.41%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.

QXO Cash-Secured Put Strategy

QXO (QXO, Inc.), in the Industrials sector, (Industrial - Distribution industry), listed on NYSE.

QXO, Inc. is a publicly traded distributor of roofing, waterproofing and complementary building products in the United States. It plans to become tech-enabled in the building products distribution industry and generate outsized value for shareholders. The company was founded on October 3, 2002, and is headquartered in Greenwich, CT.

QXO (QXO, Inc.) trades in the Industrials sector, specifically Industrial - Distribution, with a market capitalization of approximately $12.90B, a beta of 2.20 versus the broader market, a 52-week range of 14.75-27.61, average daily share volume of 16.4M, a public-listing history dating back to 2012, approximately 8K full-time employees. These structural characteristics shape how QXO stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 2.20 indicates QXO has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. QXO pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.

What is a cash-secured put on QXO?

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 QXO snapshot

As of June 29, 2026, spot at $17.70, ATM IV 64.20%, IV rank 86.41%, expected move 18.41%. The cash-secured put on QXO 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 32-day expiry.

Why this cash-secured put structure on QXO specifically: QXO IV at 64.20% is rich versus its 1-year range, which favors premium-selling structures like a QXO cash-secured put, with a market-implied 1-standard-deviation move of approximately 18.41% (roughly $3.26 on the underlying). The 32-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated QXO expiries trade a higher absolute premium for lower per-day decay. Position sizing on QXO should anchor to the underlying notional of $17.70 per share and to the trader's directional view on QXO stock.

QXO cash-secured put setup

The QXO 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 QXO near $17.70, the first option leg uses a $17.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QXO chain at a 32-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 QXO shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Put	$17.00	$0.95

QXO cash-secured put risk and reward

Net Premium / Debit: +$95.00
Max Profit (per contract): $95.00
Max Loss (per contract): -$1,604.00
Breakeven(s): $16.05
Risk / Reward Ratio: 0.059

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

QXO cash-secured put payoff curve

Modeled P&L at expiration across a range of underlying prices for the cash-secured put on QXO. 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%	-$1,604.00
$3.92	-77.8%	-$1,212.75
$7.83	-55.7%	-$821.51
$11.75	-33.6%	-$430.26
$15.66	-11.5%	-$39.02
$19.57	+10.6%	+$95.00
$23.48	+32.7%	+$95.00
$27.40	+54.8%	+$95.00
$31.31	+76.9%	+$95.00
$35.22	+99.0%	+$95.00

When traders use cash-secured put on QXO

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

QXO thesis for this cash-secured put

The market-implied 1-standard-deviation range for QXO extends from approximately $14.44 on the downside to $20.96 on the upside. A QXO cash-secured put lets a trader earn premium while waiting to acquire QXO 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 QXO IV rank near 86.41% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on QXO at 64.20%. As a Industrials name, QXO options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QXO-specific events.

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

Frequently asked questions

What is a cash-secured put on QXO?: A cash-secured put on QXO is the cash-secured put strategy applied to QXO (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 QXO stock trading near $17.70, the strikes shown on this page are snapped to the nearest listed QXO chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are QXO 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 QXO cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 64.20%), the computed maximum profit is $95.00 per contract and the computed maximum loss is -$1,604.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a QXO cash-secured put?: The breakeven for the QXO cash-secured put priced on this page is roughly $16.05 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 QXO market-implied 1-standard-deviation expected move is approximately 18.41%; 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 QXO?: Cash-secured puts on QXO earn premium while a trader waits to acquire QXO stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning QXO.
How does current QXO implied volatility affect this cash-secured put?: QXO ATM IV is at 64.20% with IV rank near 86.41%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.