TTMI wheel: cash-secured put & covered-call yields
TTM Technologies Inc · Technology · $110.33 close on Oct 12, 2026
What the Oct 12, 2026 close says about TTMI
At 84.9% implied volatility, the options market is pricing a one-standard-deviation move of about $30.63 (27.8%) in TTMI by Nov 20, 2026, 39 days out.
Selling the $100 put (−0.31Δ) for $6.43 means assignment would leave a cost basis of $93.57, 15.2% below the $110.33 close.
The 67-day 0.30Δ put pays 1.6× the premium of the 39-day one for 1.7× the time — more premium per day on the 39-day contract ($0.165 vs $0.151).
At 0.30Δ on the Nov 20 expiry the put yields 6.43% on its strike and the call 3.99% on spot: puts pay 1.6× what calls do on TTMI this session.
Moving down to the $90 put (−0.18Δ) buys 9.1% more room below spot and keeps 57% of the 0.30Δ premium.
Open interest in the stored window totals 10,344 contracts; the largest single line is the $125 call expiring Nov 20 with 3,724 (36.0% of the window).
By options volume TTMI ranks #71 of 572 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 TTMI
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $100 | −0.31 | $6.43 Oct 12 | $643.00 | $10,000 | 6.43% | 60.2% | $93.57 | 202 | 55 |
| 0.20Δ | $90 | −0.18 | $3.65 Oct 12 | $365.00 | $9,000 | 4.06% | 38.0% | $86.35 | 157 | 33 |
Snapshot #2962 · session 2026-10-12 · captured 22:32 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 39
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $100 | −0.31 | $10.15 Oct 12 | $1,015.00 | $10,000 | 10.15% | 55.3% | $89.85 | 714 | 578 |
| 0.20Δ | $90 | −0.22 | $5.71 Oct 12 | $571.00 | $9,000 | 6.34% | 34.6% | $84.29 | 181 | 7 |
Snapshot #2962 · session 2026-10-12 · captured 22:32 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 67
Covered calls on TTMI
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $135 | 0.28 | $4.40 Oct 12 | $440.00 | 3.99% | 37.3% | 26.35% | 246.6% | 134 | 10 |
| 0.20Δ | $145 | 0.22 | $3.20 Oct 12 | $320.00 | 2.90% | 27.1% | 34.32% | 321.2% | 109 | 13 |
Snapshot #2962 · session 2026-10-12 · captured 22:32 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 39
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $140 | 0.31 | $6.46 Oct 12 | $646.00 | 5.86% | 31.9% | 32.75% | 178.4% | 124 | 48 |
| 0.20Δ | $160 | 0.19 | $3.18 Oct 12 | $318.00 | 2.88% | 15.7% | 47.90% | 261.0% | 150 | 2 |
Snapshot #2962 · session 2026-10-12 · captured 22:32 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 67
TTMI volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 84.9%session 2026-10-12
- IV rank / IV percentile
- Unavailable1
- Next earnings
- Unavailable2
- Next ex-dividend
- None announcedchecked Oct 12, 2026
- Open interest, stored window
- 10,344 contractssession 2026-10-12
- Largest open-interest line
- $125 call · Nov 20 · 3,724
- Bid/ask spread
- Unavailable3
- Options liquidity rank
- #71 of 572 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.
- 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.