Best KMX Cash-Secured Put Strategy — 14-Day Strikes, Up to 3.36% Premium
CarMax, Inc. · KMX · Cash Secured Put · Updated Nov 5, 2026
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; wholesale auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair… Highlighted 14–30 day cash-secured puts on CarMax, Inc. (KMX) reach up to 3.36% annualized yield (1.49% avg on top strikes in the tables below).
View KMX chartTop Cash Secured Puts (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $55.00 | Nov 20 | 15 | -0.46 | $2.15 | 3.36% | 54 | Open |
| $52.50 | Nov 20 | 15 | -0.29 | $1.10 | 1.71% | 40 | Open |
| $32.50 | Nov 20 | 15 | -0.03 | $0.25 | 0.77% | 3 | Open |
| $35.00 | Nov 20 | 15 | -0.04 | $0.25 | 0.71% | 3 | Open |
| $50.00 | Nov 20 | 15 | -0.17 | $0.55 | 0.90% | 3 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Cash-secured puts snapshot
Insights
Top pick
Best cash-secured puts for CarMax, Inc. (KMX): $55.00 strike expiring Nov 20, 2026, 3.36% yield.
Short-term opportunities
CarMax, Inc. (KMX) has competitive cash-secured puts expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for CarMax, Inc. (KMX) is 86.4% (elevated)— favorable for premium sellers.
Lowest capital at risk
Lowest strike CSP for CarMax, Inc. (KMX): $32.50 at 0.77% yield.
How to use this page
- Review CarMax, Inc. (KMX) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for CarMax, Inc. (KMX) — Open our Cash Secured Puts screener with KMX pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of CarMax, Inc. (KMX) cash-secured puts shows average premium yield of 1.49% and peaks at 3.36%. Average implied volatility is 86.4% (peak 150.3%), indicating elevated volatility for premium sellers. CarMax, Inc. (KMX) operates in the Consumer Cyclical sector within the Auto & Truck Dealerships industry, earning an overall score of 3. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best cash-secured puts for CarMax, Inc. (KMX)?
The best cash-secured puts for CarMax, Inc. (KMX) reach up to 3.36% annualized yield (1.49% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are CarMax, Inc. (KMX)'s fundamentals for cash-secured puts?
For CarMax, Inc. (KMX), key fundamentals include last price $54.94, P/E 26.3, market cap $7.9 Billion, Consumer Cyclical sector, WSO rating B-, analyst consensus Hold. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find cash-secured puts for CarMax, Inc. (KMX)?
Use our Cash Secured Puts screener with CarMax, Inc. (KMX) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (86.4% avg IV on this page).
What is the average premium yield for CarMax, Inc. (KMX) cash-secured puts?
Average premium yield for CarMax, Inc. (KMX) cash-secured puts is 1.49%, with top contracts up to 3.36%. Yields move with strike, expiration, and IV (avg 86.4%, peak 150.3%).
Is CarMax, Inc. (KMX) a good stock for cash-secured puts?
CarMax, Inc. (KMX) offers cash-secured puts with yields up to 3.36%. WSO rates it B-. It is in Consumer Cyclical. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for CarMax, Inc. (KMX) cash-secured puts?
CarMax, Inc. (KMX) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.
How does implied volatility affect CarMax, Inc. (KMX) cash-secured puts?
IV drives option premiums: CarMax, Inc. (KMX) averages 86.4% IV (peak 150.3%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.