A wheel: cash-secured put & covered-call yields
Agilent Technologies Inc. · Technology · $169.90 close on Oct 19, 2026
What the Oct 19, 2026 close says about A
At 32.3% implied volatility, the options market is pricing a one-standard-deviation move of about $16.27 (9.6%) in A by Nov 20, 2026, 32 days out.
Selling the $160 put (−0.25Δ) for $2.44 means assignment would leave a cost basis of $157.56, 7.3% below the $169.90 close.
The 60-day 0.30Δ put pays 2.2× the premium of the 32-day one for 1.9× the time — more premium per day on the 60-day contract ($0.088 vs $0.076).
At 0.30Δ on the Nov 20 expiry the put yields 1.52% on its strike and the call 1.88% on spot: calls pay 1.2× what puts do on A this session.
Moving down to the $155 put (−0.17Δ) buys 2.9% more room below spot and keeps 61% of the 0.30Δ premium.
Open interest in the stored window totals 4,678 contracts; the largest single line is the $190 call expiring Nov 20 with 1,166 (24.9% of the window).
By options volume A ranks #141 of 608 names in our universe.
The builder re-quotes every leg from the live chain when it opens; tracking is free to start.
Cash-secured puts on A
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $160 | −0.25 | $2.44 Oct 19 | $244.00 | $16,000 | 1.52% | 17.4% | $157.56 | 305 | 172 |
| 0.20Δ | $155 | −0.17 | $1.50 Oct 19 | $150.00 | $15,500 | 0.97% | 11.0% | $153.50 | 142 | 16 |
Snapshot #4143 · session 2026-10-19 · captured 22:10 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 32
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $160 | −0.30 | $5.30 Oct 19 | $530.00 | $16,000 | 3.31% | 20.2% | $154.70 | 26 | 42 |
| 0.20Δ | $155 | −0.23 | $3.60 Oct 19 | $360.00 | $15,500 | 2.32% | 14.1% | $151.40 | 105 | 2 |
Snapshot #4143 · session 2026-10-19 · captured 22:10 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 60
Covered calls on A
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $180 | 0.31 | $3.19 Oct 19 | $319.00 | 1.88% | 21.4% | 7.82% | 89.2% | 465 | 23 |
| 0.20Δ | $185 | 0.22 | $2.15 Oct 19 | $215.00 | 1.27% | 14.4% | 10.15% | 115.8% | 88 | 156 |
Snapshot #4143 · session 2026-10-19 · captured 22:10 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 32
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | Unavailable1 | |||||||||
| 0.20Δ | $195 | 0.19 | $3.04 Oct 19 | $304.00 | 1.79% | 10.9% | 16.56% | 100.8% | 125 | 1 |
Snapshot #4143 · session 2026-10-19 · captured 22:10 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 60
A volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 32.3%session 2026-10-19
- IV rank / IV percentile
- Unavailable2
- Next earnings
- Unavailable3
- Next ex-dividend
- None announcedchecked Oct 19, 2026
- Open interest, stored window
- 4,678 contractssession 2026-10-19
- Largest open-interest line
- $190 call · Nov 20 · 1,166
- Bid/ask spread
- Unavailable4
- Options liquidity rank
- #141 of 608 optionable names by options volume
How these numbers are made
One end-of-day snapshot per session from a 15-minute-delayed feed. A premium is a contract’s last trade, used only if it printed that session, sits above intrinsic value and is in order with its neighbours; deltas are the feed’s own. Expiries are the first at least 30 and 60 days out, and nothing under 30 days is annualized. Not investment advice. Full methodology.
- No contract near 0.30Δ traded this session
- We are building our own daily implied-volatility history (1 of 252 sessions so far); IV rank and percentile need a full year of it.
- Our data provider does not license announced earnings dates, and we do not publish estimates.
- Our data feed carries last trades, not live bid/ask quotes, so we cannot show a spread.