Naked Put (bullish) Calculator
A short put collects premium and obligates you to buy stock at the strike if assigned; you typically profit when the stock stays above breakeven (strike minus premium).
Trade Details
Each contract = 100 shares
Trade Summary
Enter option details to see payoff diagram
Breakeven
—
Premium Received
—
Commonly asked Short (naked) Put questions
How does a short put make money?
You keep the premium if the put expires out of the money or buy back cheaper. Max profit is typically the premium received (premium × contracts × 100).
What is the maximum loss on a short put?
If the stock goes to zero, loss is roughly (strike − premium) × contracts × 100. Breakeven is strike minus premium per share.
What is a cash-secured put?
You set aside enough cash to buy shares at the strike if assigned. It is the same short put payoff with explicit funding for assignment.
What happens if I am assigned on a short put?
You buy stock at the strike price. Many traders sell puts to acquire shares at a net price they like (strike minus premium).
Where is breakeven on a short put?
Breakeven at expiration is strike minus premium received per share. You profit if the stock finishes above that level (for the short put alone).
When do traders sell puts?
Often when they are bullish or neutral, want premium income, or are willing to own the stock at the strike. Risk is a large drop in the stock.
Related Calculators
Daily Cumulative P&L
$33,989.51+$32,609.07
Avg Trade: $60.80
Jan 1Jan 8Jan 15Jan 22Jan 29
February
Mo
Tu
We
Th
Fr
Sa
Su
1
2
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Best Performing
Morning Breakouts
82% Win Rate
Track Your Options Trades
Import your options trades and analyze your performance with detailed P&L tracking.
