RDNT Cash-Secured Put Strategy
RDNT (RadNet, Inc.), in the Healthcare sector, (Medical - Diagnostics & Research industry), listed on NASDAQ.
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
RDNT (RadNet, Inc.) trades in the Healthcare sector, specifically Medical - Diagnostics & Research, with a market capitalization of approximately $4.15B, a beta of 1.43 versus the broader market, a 52-week range of 50.76-85.84, average daily share volume of 907K, a public-listing history dating back to 1997, approximately 11K full-time employees. These structural characteristics shape how RDNT stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.43 indicates RDNT 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 RDNT?
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 RDNT snapshot
As of May 15, 2026, spot at $52.11, ATM IV 53.90%, IV rank 34.54%, expected move 15.45%. The cash-secured put on RDNT 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 RDNT specifically: RDNT IV at 53.90% is mid-range versus its 1-year history, so the credit collected on a RDNT cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 15.45% (roughly $8.05 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 RDNT expiries trade a higher absolute premium for lower per-day decay. Position sizing on RDNT should anchor to the underlying notional of $52.11 per share and to the trader's directional view on RDNT stock.
RDNT cash-secured put setup
The RDNT 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 RDNT near $52.11, the first option leg uses a $50.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed RDNT 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 RDNT shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $50.00 | $2.15 |
RDNT cash-secured put risk and reward
- Net Premium / Debit
- +$215.00
- Max Profit (per contract)
- $215.00
- Max Loss (per contract)
- -$4,784.00
- Breakeven(s)
- $47.85
- Risk / Reward Ratio
- 0.045
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
RDNT cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on RDNT. 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 | -100.0% | -$4,784.00 |
| $11.53 | -77.9% | -$3,631.93 |
| $23.05 | -55.8% | -$2,479.86 |
| $34.57 | -33.7% | -$1,327.79 |
| $46.09 | -11.5% | -$175.72 |
| $57.61 | +10.6% | +$215.00 |
| $69.13 | +32.7% | +$215.00 |
| $80.65 | +54.8% | +$215.00 |
| $92.18 | +76.9% | +$215.00 |
| $103.70 | +99.0% | +$215.00 |
When traders use cash-secured put on RDNT
Cash-secured puts on RDNT earn premium while a trader waits to acquire RDNT stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning RDNT.
RDNT thesis for this cash-secured put
The market-implied 1-standard-deviation range for RDNT extends from approximately $44.06 on the downside to $60.16 on the upside. A RDNT cash-secured put lets a trader earn premium while waiting to acquire RDNT 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 RDNT IV rank near 34.54% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on RDNT should anchor more to the directional view and the expected-move geometry. As a Healthcare name, RDNT options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to RDNT-specific events.
RDNT 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. RDNT positions also carry Healthcare sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move RDNT alongside the broader basket even when RDNT-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on RDNT carry tail risk when realized volatility exceeds the implied move; review historical RDNT earnings reactions and macro stress periods before sizing. Always rebuild the position from current RDNT chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on RDNT?
- A cash-secured put on RDNT is the cash-secured put strategy applied to RDNT (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 RDNT stock trading near $52.11, the strikes shown on this page are snapped to the nearest listed RDNT chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are RDNT 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 RDNT cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 53.90%), the computed maximum profit is $215.00 per contract and the computed maximum loss is -$4,784.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a RDNT cash-secured put?
- The breakeven for the RDNT cash-secured put priced on this page is roughly $47.85 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 RDNT market-implied 1-standard-deviation expected move is approximately 15.45%; 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 RDNT?
- Cash-secured puts on RDNT earn premium while a trader waits to acquire RDNT stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning RDNT.
- How does current RDNT implied volatility affect this cash-secured put?
- RDNT ATM IV is at 53.90% with IV rank near 34.54%, 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.