Best Cash Secured Puts for Bristol-Myers Squibb Company (BMY) — Up to 3.70% Premium Yield

Discover the best cash-secured puts opportunities for Bristol-Myers Squibb Company (BMY) (Healthcare sector). Our comprehensive analysis of Bristol-Myers Squibb Company (BMY) cash-secured puts reveals 290 available contracts with premium yields ranging up to 3.70% annually. Bristol-Myers Squibb Company (BMY) currently trades at $59.98 with a market cap of $122.8 Billion, making it a A--rated candidate for cash-secured puts strategies.

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Key Metrics for Bristol-Myers Squibb Company (BMY) Cash Secured Puts

Available Contracts
290
Average Yield
0.77%
Maximum Yield
3.70%
Current Stock Price
$59.98
Average IV
8.2%
Peak IV
35.0%
Market Cap
$122.8 Billion
Rating
A-

Actionable insights for Bristol-Myers Squibb Company (BMY)

Top pick

3.23%

Best cash-secured puts contract for Bristol-Myers Squibb Company (BMY): $60.00 strike expiring Apr 2, 2026, 3.23% yield, $1.94 premium per contract.

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Implied volatility

8.2%

Average IV for Bristol-Myers Squibb Company (BMY) is 8.2% (moderate) — consider strike selection and expiration for optimal premium.

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Lowest capital at risk

$0.00

Lowest capital at risk for Bristol-Myers Squibb Company (BMY) cash-secured puts: $0.00 strike at 0.00% yield.

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Top Cash Secured Puts for Bristol-Myers Squibb Company (BMY)

StrikeExpirationDTEDeltaPremiumYieldAction
$60.00Apr 221-0.47$1.943.23%View details →
$60.00Apr 1736-0.46$2.223.70%View details →
$60.00Apr 1029-0.47$2.003.33%View details →
$59.00Apr 221-0.39$1.382.34%View details →
$59.00Apr 1029-0.39$1.602.71%View details →

How to use this data

  1. Open the screener for Bristol-Myers Squibb Company (BMY). Open our Cash Secured Puts screener with Bristol-Myers Squibb Company (BMY) (BMY) pre-loaded so you see only BMY options.
  2. Apply your filters. Filter by premium yield, days to expiration (DTE), delta, and implied volatility to match your risk and income goals.
  3. Compare and execute. Compare strike prices and expirations in the screener, then execute the trade in your broker.

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Analysis of Bristol-Myers Squibb Company (BMY) Cash Secured Put Opportunities

Our analysis of Bristol-Myers Squibb Company (BMY) cash-secured puts shows 290 active options contracts with an average premium yield of 0.77% and maximum yields reaching 3.70%. The average implied volatility stands at 8.2%, with peak IV reaching 35.0%, indicating moderate volatility premiums available. Bristol-Myers Squibb Company (BMY) operates in the Healthcare sector within the Drug Manufacturers - General industry, earning an overall score of 4. Investors seeking premium collection with downside protection will find Bristol-Myers Squibb Company (BMY) cash-secured puts particularly compelling given the current market conditions and available premium yields.

FAQs about Bristol-Myers Squibb Company (BMY) Cash Secured Puts

What are the best cash-secured puts for Bristol-Myers Squibb Company (BMY)?

The best cash-secured puts for Bristol-Myers Squibb Company (BMY) offer premium yields of up to 3.70% annually. Our screener identifies 290 available contracts, with top opportunities providing 0.77% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 8.2%.

How do I find cash-secured puts for Bristol-Myers Squibb Company (BMY)?

Use our Cash Secured Puts screener to filter Bristol-Myers Squibb Company (BMY) options by premium yield, delta, expiration date, and implied volatility. The screener shows 290 available contracts for Bristol-Myers Squibb Company (BMY), sorted by yield percentage to help you identify the most profitable opportunities.

What is the average premium yield for Bristol-Myers Squibb Company (BMY) cash-secured puts?

The average premium yield for Bristol-Myers Squibb Company (BMY) cash-secured puts is currently 0.77%, with maximum yields reaching 3.70%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 8.2% for Bristol-Myers Squibb Company (BMY) options.

Is Bristol-Myers Squibb Company (BMY) a good stock for cash-secured puts?

Bristol-Myers Squibb Company (BMY) presents 290 cash-secured puts opportunities with yields up to 3.70%. With a A- rating, Bristol-Myers Squibb Company (BMY) in the Healthcare sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Bristol-Myers Squibb Company (BMY) for cash-secured puts.

What expiration dates are available for Bristol-Myers Squibb Company (BMY) cash-secured puts?

Our screener shows Bristol-Myers Squibb Company (BMY) cash-secured puts contracts with various expiration dates. The top-yielding contracts typically range from weekly to monthly expirations. Use our filters to find specific expiration dates that match your trading strategy and income goals.

How does implied volatility affect Bristol-Myers Squibb Company (BMY) cash-secured puts?

Implied volatility significantly impacts cash-secured puts premiums for Bristol-Myers Squibb Company (BMY). Currently, Bristol-Myers Squibb Company (BMY) options show an average IV of 8.2% with peaks at 35.0%. Higher IV generally means higher premium income, but also indicates greater price uncertainty. Our screener helps you find the optimal balance between premium yield and risk.

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Important disclaimer

Not financial advice. This page is for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Options trading involves substantial risk. Past performance does not guarantee future results. Consult a licensed financial advisor before making investment decisions. Premium yields and metrics are based on current market data and may change.

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