CMCSA wheel: cash-secured put & covered-call yields
Comcast Corp · Communication services · $21.79 close on Sep 28, 2026
What the Sep 28, 2026 close says about CMCSA
At 44.2% implied volatility, the options market is pricing a one-standard-deviation move of about $2.85 (13.1%) in CMCSA by Oct 30, 2026, 32 days out.
Open interest in the stored window totals 65,130 contracts; the largest single line is the $20 put expiring Oct 30 with 40,303 (61.9% of the window).
CMCSA goes ex-dividend on Oct 7, 2026 ($0.33 declared), inside the Oct 30 covered-call window. A short call that is in the money before an ex-date can be assigned early.
By options volume CMCSA ranks #193 of 441 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 CMCSA
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | Unavailable1 | |||||||||
| 0.20Δ | $20 | −0.23 | $0.41 Sep 28 | $41.00 | $2,000 | 2.05% | 23.4% | $19.59 | 40,303 | 19 |
Snapshot #90 · session 2026-09-28 · captured 22:22 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 | $20 | −0.28 | $0.75 Sep 28 | $75.00 | $2,000 | 3.75% | 16.9% | $19.25 | 1,896 | 17 |
| 0.20Δ | $19 | −0.19 | $0.44 Sep 28 | $44.00 | $1,900 | 2.32% | 10.4% | $18.56 | 1,305 | 2 |
Snapshot #90 · session 2026-09-28 · captured 22:22 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 81
Covered calls on CMCSA
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $23 | 0.30 | $0.45 Sep 28 | $45.00 | 2.07% | 23.6% | 7.62% | 86.9% | 290 | 12 |
| 0.20Δ | $24 | 0.20 | $0.26 Sep 28 | $26.00 | 1.19% | 13.6% | 11.34% | 129.3% | 188 | 88 |
Snapshot #90 · session 2026-09-28 · captured 22:22 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 | $25 | 0.22 | $0.41 Sep 28 | $41.00 | 1.88% | 8.5% | 16.61% | 74.9% | 6,082 | 126 |
Snapshot #90 · session 2026-09-28 · captured 22:22 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 81
CMCSA volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 44.2%session 2026-09-28
- IV rank / IV percentile
- Unavailable2
- Next earnings
- Unavailable3
- Next ex-dividend
- Ex-div Oct 7, 2026 · $0.33 declaredchecked Sep 28, 2026
- Open interest, stored window
- 65,130 contractssession 2026-09-28
- Largest open-interest line
- $20 put · Oct 30 · 40,303
- Bid/ask spread
- Unavailable4
- Options liquidity rank
- #193 of 441 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.