UONE Cash-Secured Put Strategy
UONE (Urban One, Inc.), in the Communication Services sector, (Broadcasting industry), listed on NASDAQ.
Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners. As of December 31, 2021, it owned and/or operated 64 broadcast stations, including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations under the Radio One tradename located in 13 urban markets. The Cable Television segment operates TV One, an African-American targeted cable television network; and CLEO TV, a lifestyle and entertainment network. The Reach Media segment operates syndicated programming, including the Get Up!
UONE (Urban One, Inc.) trades in the Communication Services sector, specifically Broadcasting, with a market capitalization of approximately $16.5M, a beta of 0.29 versus the broader market, a 52-week range of 5.1-19, average daily share volume of 129K, a public-listing history dating back to 1999, approximately 962 full-time employees. These structural characteristics shape how UONE stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.29 indicates UONE 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 cash-secured put on UONE?
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 UONE snapshot
As of May 15, 2026, spot at $5.65, ATM IV 433.90%, IV rank 98.42%, expected move 124.39%. The cash-secured put on UONE 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 UONE specifically: UONE IV at 433.90% is rich versus its 1-year range, which favors premium-selling structures like a UONE cash-secured put, with a market-implied 1-standard-deviation move of approximately 124.39% (roughly $7.03 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 UONE expiries trade a higher absolute premium for lower per-day decay. Position sizing on UONE should anchor to the underlying notional of $5.65 per share and to the trader's directional view on UONE stock.
UONE cash-secured put setup
The UONE 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 UONE near $5.65, the first option leg uses a $5.37 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed UONE 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 UONE shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $5.37 | N/A |
UONE 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.
UONE cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on UONE. 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 UONE
Cash-secured puts on UONE earn premium while a trader waits to acquire UONE stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning UONE.
UONE thesis for this cash-secured put
The market-implied 1-standard-deviation range for UONE extends from approximately $-1.38 on the downside to $12.68 on the upside. A UONE cash-secured put lets a trader earn premium while waiting to acquire UONE 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 UONE IV rank near 98.42% 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 UONE at 433.90%. As a Communication Services name, UONE options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to UONE-specific events.
UONE 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. UONE positions also carry Communication Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move UONE alongside the broader basket even when UONE-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on UONE carry tail risk when realized volatility exceeds the implied move; review historical UONE earnings reactions and macro stress periods before sizing. Always rebuild the position from current UONE chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on UONE?
- A cash-secured put on UONE is the cash-secured put strategy applied to UONE (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 UONE stock trading near $5.65, the strikes shown on this page are snapped to the nearest listed UONE chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are UONE 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 UONE cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 433.90%), 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 UONE cash-secured put?
- The breakeven for the UONE 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 UONE market-implied 1-standard-deviation expected move is approximately 124.39%; 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 UONE?
- Cash-secured puts on UONE earn premium while a trader waits to acquire UONE stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning UONE.
- How does current UONE implied volatility affect this cash-secured put?
- UONE ATM IV is at 433.90% with IV rank near 98.42%, 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.