RTX wheel: cash-secured put & covered-call yields
RTX Corporation · Industrials · $192.11 close on Oct 19, 2026
What the Oct 19, 2026 close says about RTX
At 34.6% implied volatility, the options market is pricing a one-standard-deviation move of about $19.71 (10.3%) in RTX by Nov 20, 2026, 32 days out.
Selling the $185 put (−0.32Δ) for $4.34 means assignment would leave a cost basis of $180.66, 6.0% below the $192.11 close.
The 60-day 0.30Δ put pays 1.3× the premium of the 32-day one for 1.9× the time — more premium per day on the 32-day contract ($0.136 vs $0.094).
At 0.30Δ on the Nov 20 expiry the put yields 2.35% on its strike and the call 1.86% on spot: puts pay 1.3× what calls do on RTX this session.
Moving down to the $180 put (−0.23Δ) buys 2.6% more room below spot and keeps 68% of the 0.30Δ premium.
Open interest in the stored window totals 29,750 contracts; the largest single line is the $165 put expiring Nov 20 with 5,611 (18.9% of the window).
By options volume RTX ranks #99 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 RTX
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $185 | −0.32 | $4.34 Oct 19 | $434.00 | $18,500 | 2.35% | 26.8% | $180.66 | 1,735 | 496 |
| 0.20Δ | $180 | −0.23 | $2.95 Oct 19 | $295.00 | $18,000 | 1.64% | 18.7% | $177.05 | 1,496 | 90 |
Snapshot #4359 · session 2026-10-19 · captured 22:31 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 | $185 | −0.33 | $5.63 Oct 19 | $563.00 | $18,500 | 3.04% | 18.5% | $179.37 | 581 | 148 |
| 0.20Δ | $175 | −0.20 | $2.83 Oct 19 | $283.00 | $17,500 | 1.62% | 9.8% | $172.17 | 892 | 227 |
Snapshot #4359 · session 2026-10-19 · captured 22:31 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 60
Covered calls on RTX
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $202.50 | 0.33 | $3.58 Oct 19 | $358.00 | 1.86% | 21.3% | 7.27% | 82.9% | 0 | 1 |
| 0.20Δ | $210 | 0.20 | $2.10 Oct 19 | $210.00 | 1.09% | 12.5% | 10.41% | 118.7% | 1,618 | 215 |
Snapshot #4359 · session 2026-10-19 · captured 22:31 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 | $210 | 0.26 | $3.60 Oct 19 | $360.00 | 1.87% | 11.4% | 11.19% | 68.0% | 1,986 | 161 |
| 0.20Δ | Unavailable1 | |||||||||
Snapshot #4359 · session 2026-10-19 · captured 22:31 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 60
RTX volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 34.6%session 2026-10-19
- IV rank / IV percentile
- Unavailable2
- Next earnings
- Unavailable3
- Next ex-dividend
- None announcedchecked Oct 19, 2026
- Open interest, stored window
- 29,750 contractssession 2026-10-19
- Largest open-interest line
- $165 put · Nov 20 · 5,611
- Bid/ask spread
- Unavailable4
- Options liquidity rank
- #99 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 0.20Δ 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.