ENTG wheel: cash-secured put & covered-call yields
Entegris Inc · Materials · $166.89 close on Oct 6, 2026
What the Oct 6, 2026 close says about ENTG
At 65.0% implied volatility, the options market is pricing a one-standard-deviation move of about $38.07 (22.8%) in ENTG by Nov 20, 2026, 45 days out.
Selling the $150 put (−0.29Δ) for $7.40 means assignment would leave a cost basis of $142.60, 14.6% below the $166.89 close.
At 0.30Δ on the Nov 20 expiry the put yields 4.93% on its strike and the call 3.89% on spot: puts pay 1.3× what calls do on ENTG this session.
Moving down to the $140 put (−0.19Δ) buys 6.0% more room below spot and keeps 62% of the 0.30Δ premium.
Open interest in the stored window totals 6,722 contracts; the largest single line is the $170 call expiring Nov 20 with 1,871 (27.8% of the window).
By options volume ENTG ranks #199 of 514 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 ENTG
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $150 | −0.29 | $7.40 Oct 6 | $740.00 | $15,000 | 4.93% | 40.0% | $142.60 | 165 | 13 |
| 0.20Δ | $140 | −0.19 | $4.60 Oct 6 | $460.00 | $14,000 | 3.29% | 26.7% | $135.40 | 26 | 53 |
Snapshot #1670 · session 2026-10-06 · captured 22:02 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 45
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | Unavailable1 | |||||||||
| 0.20Δ | $135 | −0.20 | $6.78 Oct 6 | $678.00 | $13,500 | 5.02% | 18.1% | $128.22 | 27 | 3 |
Snapshot #1670 · session 2026-10-06 · captured 22:02 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 101
Covered calls on ENTG
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $195 | 0.29 | $6.50 Oct 6 | $650.00 | 3.89% | 31.6% | 20.74% | 168.2% | 92 | 3 |
| 0.20Δ | $210 | 0.19 | $3.80 Oct 6 | $380.00 | 2.28% | 18.5% | 28.11% | 228.0% | 197 | 3 |
Snapshot #1670 · session 2026-10-06 · captured 22:02 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 45
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $200 | 0.34 | $10.40 Oct 6 | $1,040.00 | 6.23% | 22.5% | 26.07% | 94.2% | 146 | 12 |
| 0.20Δ | $220 | 0.23 | $6.60 Oct 6 | $660.00 | 3.95% | 14.3% | 35.78% | 129.3% | 92 | 2 |
Snapshot #1670 · session 2026-10-06 · captured 22:02 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 101
ENTG volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 65.0%session 2026-10-06
- IV rank / IV percentile
- Unavailable2
- Next earnings
- Unavailable3
- Next ex-dividend
- None announcedchecked Oct 5, 2026
- Open interest, stored window
- 6,722 contractssession 2026-10-06
- Largest open-interest line
- $170 call · Nov 20 · 1,871
- Bid/ask spread
- Unavailable4
- Options liquidity rank
- #199 of 514 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 (2 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.