SEIC Cash-Secured Put Strategy
SEIC (SEI Investments Company), in the Financial Services sector, (Asset Management industry), listed on NASDAQ.
SEI Investments Company is a publicly traded enterprise primarily focused on asset management. Leveraging its network of subsidiaries, SEI delivers a comprehensive suite of financial offerings. These encompass wealth, retirement, and investment solutions, alongside specialized asset management, asset administration, and outsourced investment processing services, in addition to general financial services and investment advisory expertise. Its extensive client roster serves a diverse array of financial entities, including private banks, independent financial advisors, investment managers, wealth management organizations, hedge fund managers, and broker-dealers. Additionally, it caters to corporations, institutional investors, various retirement schemes (both defined-benefit and defined-contribution), endowments, foundations, and non-profit organizations. Through its various entities, SEI actively manages customized client portfolios and also establishes and oversees a diverse range of mutual funds, covering equity, fixed income, and balanced strategies.
SEIC (SEI Investments Company) trades in the Financial Services sector, specifically Asset Management, with a market capitalization of approximately $10.49B, a trailing P/E of 14.38, a beta of 0.98 versus the broader market, a 52-week range of 75.08-93.96, average daily share volume of 836K, a public-listing history dating back to 1981, approximately 5K full-time employees. These structural characteristics shape how SEIC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.98 places SEIC roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. SEIC 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 SEIC?
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 SEIC snapshot
As of June 30, 2026, spot at $87.86, ATM IV 9.00%, IV rank 0.00%, expected move 2.58%. The cash-secured put on SEIC 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 cash-secured put structure on SEIC specifically: SEIC IV at 9.00% is on the cheap side of its 1-year range, which means a premium-selling SEIC cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 2.58% (roughly $2.27 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 SEIC expiries trade a higher absolute premium for lower per-day decay. Position sizing on SEIC should anchor to the underlying notional of $87.86 per share and to the trader's directional view on SEIC stock.
SEIC cash-secured put setup
The SEIC 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 SEIC near $87.86, the first option leg uses a $83.47 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed SEIC 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 SEIC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $83.47 | N/A |
SEIC cash-secured put risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
SEIC cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on SEIC. 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.
When traders use cash-secured put on SEIC
Cash-secured puts on SEIC earn premium while a trader waits to acquire SEIC stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning SEIC.
SEIC thesis for this cash-secured put
The market-implied 1-standard-deviation range for SEIC extends from approximately $85.59 on the downside to $90.13 on the upside. A SEIC cash-secured put lets a trader earn premium while waiting to acquire SEIC 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 SEIC IV rank near 0.00% 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 SEIC at 9.00%. As a Financial Services name, SEIC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to SEIC-specific events.
SEIC 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. SEIC positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move SEIC alongside the broader basket even when SEIC-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on SEIC carry tail risk when realized volatility exceeds the implied move; review historical SEIC earnings reactions and macro stress periods before sizing. Always rebuild the position from current SEIC chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on SEIC?
- A cash-secured put on SEIC is the cash-secured put strategy applied to SEIC (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 SEIC stock trading near $87.86, the strikes shown on this page are snapped to the nearest listed SEIC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are SEIC 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 SEIC cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 9.00%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a SEIC cash-secured put?
- The breakeven for the SEIC cash-secured put priced on this page is no defined breakeven on the modeled curve 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 SEIC market-implied 1-standard-deviation expected move is approximately 2.58%; 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 SEIC?
- Cash-secured puts on SEIC earn premium while a trader waits to acquire SEIC stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning SEIC.
- How does current SEIC implied volatility affect this cash-secured put?
- SEIC ATM IV is at 9.00% with IV rank near 0.00%, 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.