HAS wheel: cash-secured put & covered-call yields
Hasbro, Inc. · Consumer discretionary · $98.49 close on Oct 19, 2026
What the Oct 19, 2026 close says about HAS
At 36.2% implied volatility, the options market is pricing a one-standard-deviation move of about $10.55 (10.7%) in HAS by Nov 20, 2026, 32 days out.
Selling the $92.50 put (−0.27Δ) for $2.55 means assignment would leave a cost basis of $89.95, 8.7% below the $98.49 close.
At 0.30Δ on the Nov 20 expiry the put yields 2.76% on its strike and the call 2.03% on spot: puts pay 1.4× what calls do on HAS this session.
Moving down to the $90 put (−0.21Δ) buys 2.5% more room below spot and keeps 59% of the 0.30Δ premium.
Open interest in the stored window totals 3,398 contracts; the largest single line is the $85 put expiring Dec 18 with 1,002 (29.5% of the window).
By options volume HAS ranks #28 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 HAS
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $92.50 | −0.27 | $2.55 Oct 19 | $255.00 | $9,250 | 2.76% | 31.4% | $89.95 | 3 | 2,055 |
| 0.20Δ | $90 | −0.21 | $1.50 Oct 19 | $150.00 | $9,000 | 1.67% | 19.0% | $88.50 | 514 | 2,075 |
Snapshot #4252 · session 2026-10-19 · captured 22:21 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 | Unavailable1 | |||||||||
| 0.20Δ | $90 | −0.24 | $2.55 Oct 19 | $255.00 | $9,000 | 2.83% | 17.2% | $87.45 | 101 | 2 |
Snapshot #4252 · session 2026-10-19 · captured 22:21 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 60
Covered calls on HAS
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $105 | 0.31 | $2.00 Oct 19 | $200.00 | 2.03% | 23.2% | 8.64% | 98.6% | 95 | 884 |
| 0.20Δ | $110 | 0.18 | $1.06 Oct 19 | $106.00 | 1.08% | 12.3% | 12.76% | 145.6% | 131 | 106 |
Snapshot #4252 · session 2026-10-19 · captured 22:21 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 | $115 | 0.17 | $1.19 Oct 19 | $119.00 | 1.21% | 7.4% | 17.97% | 109.3% | 20 | 45 |
Snapshot #4252 · session 2026-10-19 · captured 22:21 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 60
HAS volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 36.2%session 2026-10-19
- IV rank / IV percentile
- Unavailable2
- Next earnings
- Unavailable3
- Next ex-dividend
- None announcedchecked Oct 19, 2026
- Open interest, stored window
- 3,398 contractssession 2026-10-19
- Largest open-interest line
- $85 put · Dec 18 · 1,002
- Bid/ask spread
- Unavailable4
- Options liquidity rank
- #28 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.