Best Cash-Secured Puts for CarMax, Inc. (KMX) — Up to 7.20% Premium Yield
CarMax, Inc. · KMX · Cash Secured Put · Updated Sep 12, 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 near-term cash-secured puts on CarMax, Inc. (KMX) reach up to 7.20% annualized yield (5.30% avg on top strikes in the tables below).
View KMX chartTop Cash Secured Puts
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $20.00 | Oct 16 | 34 | -0.04 | $1.08 | 5.38% | 78 | Open |
| $22.50 | Oct 16 | 34 | -0.04 | $1.00 | 4.44% | 73 | Open |
| $60.00 | Oct 16 | 34 | -0.40 | $3.45 | 5.50% | 61 | Open |
| $57.50 | Oct 16 | 34 | -0.32 | $2.53 | 4.00% | 59 | Open |
| $62.50 | Oct 16 | 34 | -0.50 | $4.75 | 7.20% | 55 | Open |
Key Metrics
Financial Performance
Cash-secured puts snapshot
Insights
Top pick
Best cash-secured puts for CarMax, Inc. (KMX): $20.00 strike expiring Oct 16, 2026, 5.38% yield.
Implied volatility
Average IV for CarMax, Inc. (KMX) is 134.8% (elevated)— favorable for premium sellers.
Lowest capital at risk
Lowest strike CSP for CarMax, Inc. (KMX): $20.00 at 5.38% 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 5.30% and peaks at 7.20%. Average implied volatility is 134.8% (peak 266.0%), 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 7.20% annualized yield (5.30% average on top strikes). 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 $61.33, P/E 38.1, market cap $8.7 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 (134.8% 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 5.30%, with top contracts up to 7.20%. Yields move with strike, expiration, and IV (avg 134.8%, peak 266.0%).
Is CarMax, Inc. (KMX) a good stock for cash-secured puts?
CarMax, Inc. (KMX) offers cash-secured puts with yields up to 7.20%. 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?
Top contracts on this page use medium-term expirations. Filter any DTE in the screener for CarMax, Inc. (KMX).
How does implied volatility affect CarMax, Inc. (KMX) cash-secured puts?
IV drives option premiums: CarMax, Inc. (KMX) averages 134.8% IV (peak 266.0%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.