01 — JPM · CASH-SECURED PUTS

Best JPM cash-secured puts setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Largest US bank by assets with stable options flow tied to NIM, trading revenue, and credit cycle.

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02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on annualized return, premium, and probability of profit.

Days to expiration
Probability of profit
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Top pick
$295 put · May 29
21 DAYS · 3.7% OTM · SELL TO OPEN
Credit
$410
Annualized
23.27%
PoP
67%
StrikeExpirationCreditAnnualized PoP
$295
3.7% OTM
Jun 5
28 days
$505
$5.05 / share
21.49%66%
$295
3.7% OTM
Jun 12
35 days
$600
$6.00 / share
20.43%65%
$290
5.3% OTM
Jun 12
35 days
$485
$4.85 / share
16.51%72%
$290
5.3% OTM
Jun 5
28 days
$360
$3.60 / share
15.32%74%
$200
34.7% OTM
Jun 12
35 days
$43
$0.43 / share
1.46%70%
$165
46.1% OTM
May 29
21 days
$10
$0.10 / share
0.57%70%
$175
42.9% OTM
May 29
21 days
$10
$0.10 / share
0.57%70%
$185
39.6% OTM
May 29
21 days
$10
$0.10 / share
0.57%70%
$180
41.2% OTM
May 29
21 days
$8
$0.08 / share
0.45%70%
10 of 40 matchesCustomize filters →

03 — Strategy

Cash-Secured Puts, plainly explained

Income-focused traders comfortable owning shares if assigned.

P&L at expiration · $295 put · 21 DTE

$0+$410losses$290.90 BREAKEVEN$295 STRIKE

Key numbers

Premium collected+$410
Max profit+$410
Breakeven$290.90
Capped above$295
Probability of profit67%
Days to expiration21

When this trade makes sense

Use when

  • You have cash to buy 100 shares at the strike
  • You'd be happy owning the stock at the strike price
  • You think the stock holds or drifts up
  • IV rank is elevated — premiums are rich

Avoid when

  • You think the stock is about to drop hard
  • You don't actually want to own the stock
  • Earnings are inside the expiration window
  • Premiums are unusually low — nothing to collect
Read the full cash-secured puts guide →

05 — RUN IT LIVE

See the highest chance of profit on JPM.

Option Agent scans live chains and recommends setups based on current market conditions.

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Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.