VSAT Cash-Secured Put Strategy
VSAT (Viasat, Inc.), in the Technology sector, (Communication Equipment industry), listed on NASDAQ.
Viasat, Inc. is a global innovator in broadband and communications technology, delivering its products and services worldwide. The company's operations are divided into two main segments. Its Satellite Services division provides satellite-based internet access and voice-over-IP for homes and businesses, offers in-flight entertainment systems and aviation software to airlines, and delivers community internet services. It also supplies mobile broadband solutions for marine vessels such as offshore energy ships, cruise liners, ferries, and private yachts, along with specialized energy services featuring ultra-secure IP connectivity, optimized applications, IoT data integration, and advanced machine learning analytics. The Commercial Networks segment focuses on developing and supplying both fixed and mobile broadband satellite communication systems, including their core infrastructure and ground terminals. This division also produces a range of antenna systems for terrestrial and satellite uses, encompassing earth imaging, remote sensing, and multi-band satellite communications.
VSAT (Viasat, Inc.) trades in the Technology sector, specifically Communication Equipment, with a market capitalization of approximately $12.02B, a beta of 1.73 versus the broader market, a 52-week range of 25.5-93.03, average daily share volume of 2.4M, a public-listing history dating back to 1996, approximately 7K full-time employees. These structural characteristics shape how VSAT stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.73 indicates VSAT 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 VSAT?
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.
VSAT snapshot
As of August 14, 2026, spot at $83.19, ATM IV 76.80%, IV rank 19.27%, expected move 22.02%. The cash-secured put on VSAT below is built from the August 14, 2026 end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 35-day expiry.
Why this cash-secured put structure on VSAT specifically: VSAT IV at 76.80% is on the cheap side of its 1-year range, which means a premium-selling VSAT cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 22.02% (roughly $18.32 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated VSAT expiries trade a higher absolute premium for lower per-day decay. Position sizing on VSAT should anchor to the underlying notional of $83.19 per share and to the trader's directional view on VSAT stock.
VSAT cash-secured put setup
The VSAT cash-secured put below is built from the August 14, 2026 end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With VSAT at $83.19 on that close, the first option leg uses a $80.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed VSAT chain at a 35-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 VSAT shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $80.00 | $6.25 |
VSAT cash-secured put risk and reward
- Net Premium / Debit
- +$625.00
- Max Profit (per contract)
- $625.00
- Max Loss (per contract)
- -$7,374.00
- Breakeven(s)
- $73.75
- Risk / Reward Ratio
- 0.085
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
VSAT cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on VSAT. 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% | -$7,374.00 |
| $18.40 | -77.9% | -$5,534.73 |
| $36.80 | -55.8% | -$3,695.47 |
| $55.19 | -33.7% | -$1,856.20 |
| $73.58 | -11.6% | -$16.93 |
| $91.97 | +10.6% | +$625.00 |
| $110.37 | +32.7% | +$625.00 |
| $128.76 | +54.8% | +$625.00 |
| $147.15 | +76.9% | +$625.00 |
| $165.54 | +99.0% | +$625.00 |
When traders use cash-secured put on VSAT
Cash-secured puts on VSAT earn premium while a trader waits to acquire VSAT stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning VSAT.
VSAT thesis for this cash-secured put
The market-implied 1-standard-deviation range for VSAT extends from approximately $64.87 on the downside to $101.51 on the upside. A VSAT cash-secured put lets a trader earn premium while waiting to acquire VSAT 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 VSAT IV rank near 19.27% 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 VSAT at 76.80%. As a Technology name, VSAT options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to VSAT-specific events.
VSAT 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. VSAT positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move VSAT alongside the broader basket even when VSAT-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on VSAT carry tail risk when realized volatility exceeds the implied move; review historical VSAT earnings reactions and macro stress periods before sizing. Always rebuild the position from current VSAT chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on VSAT?
- A cash-secured put on VSAT is the cash-secured put strategy applied to VSAT (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 VSAT stock at $83.19 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed VSAT chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are VSAT 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 VSAT cash-secured put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 76.80%), the computed maximum profit is $625.00 per contract and the computed maximum loss is -$7,374.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a VSAT cash-secured put?
- The breakeven for the VSAT cash-secured put priced on this page is roughly $73.75 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The VSAT market-implied 1-standard-deviation expected move in the same options snapshot is approximately 22.02%; 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 VSAT?
- Cash-secured puts on VSAT earn premium while a trader waits to acquire VSAT stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning VSAT.
- How does current VSAT implied volatility affect this cash-secured put?
- VSAT ATM IV is at 76.80% with IV rank near 19.27%, 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.