Best Cash Secured Puts for Phillips 66 (PSX) — Up to 4.76% Premium Yield
Discover the best cash-secured puts opportunities for Phillips 66 (PSX) (Energy sector). Our comprehensive analysis of Phillips 66 (PSX) cash-secured puts reveals 271 available contracts with premium yields ranging up to 4.76% annually. Phillips 66 (PSX) currently trades at $169.50 with a market cap of $66.5 Billion, making it a B+-rated candidate for cash-secured puts strategies.
View PSX in screenerKey Metrics for Phillips 66 (PSX) Cash Secured Puts
Actionable insights for Phillips 66 (PSX)
Top pick
4.76%
Best cash-secured puts contract for Phillips 66 (PSX): $170.00 strike expiring Apr 17, 2026, 4.76% yield, $8.10 premium per contract.
View in screenerImplied volatility
11.0%
Average IV for Phillips 66 (PSX) is 11.0% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerLowest capital at risk
$0.00
Lowest capital at risk for Phillips 66 (PSX) cash-secured puts: $0.00 strike at 0.00% yield.
View in screenerTop Cash Secured Puts for Phillips 66 (PSX)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $170.00 | Apr 17 | 36 | -0.47 | $8.10 | 4.76% | View details → |
| $170.00 | Apr 10 | 29 | -0.47 | $7.20 | 4.24% | View details → |
| $167.50 | Apr 2 | 21 | -0.42 | $5.20 | 3.10% | View details → |
| $165.00 | Apr 17 | 36 | -0.38 | $5.70 | 3.45% | View details → |
| $165.00 | Apr 2 | 21 | -0.37 | $4.20 | 2.55% | View details → |
How to use this data
- Open the screener for Phillips 66 (PSX). Open our Cash Secured Puts screener with Phillips 66 (PSX) (PSX) pre-loaded so you see only PSX options.
- Apply your filters. Filter by premium yield, days to expiration (DTE), delta, and implied volatility to match your risk and income goals.
- Compare and execute. Compare strike prices and expirations in the screener, then execute the trade in your broker.
Analysis of Phillips 66 (PSX) Cash Secured Put Opportunities
Our analysis of Phillips 66 (PSX) cash-secured puts shows 271 active options contracts with an average premium yield of 0.90% and maximum yields reaching 4.76%. The average implied volatility stands at 11.0%, with peak IV reaching 45.0%, indicating moderate volatility premiums available. Phillips 66 (PSX) operates in the Energy sector within the Oil & Gas Refining & Marketing industry, earning an overall score of 3. Investors seeking premium collection with downside protection will find Phillips 66 (PSX) cash-secured puts particularly compelling given the current market conditions and available premium yields.
FAQs about Phillips 66 (PSX) Cash Secured Puts
What are the best cash-secured puts for Phillips 66 (PSX)?
The best cash-secured puts for Phillips 66 (PSX) offer premium yields of up to 4.76% annually. Our screener identifies 271 available contracts, with top opportunities providing 0.90% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 11.0%.
How do I find cash-secured puts for Phillips 66 (PSX)?
Use our Cash Secured Puts screener to filter Phillips 66 (PSX) options by premium yield, delta, expiration date, and implied volatility. The screener shows 271 available contracts for Phillips 66 (PSX), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Phillips 66 (PSX) cash-secured puts?
The average premium yield for Phillips 66 (PSX) cash-secured puts is currently 0.90%, with maximum yields reaching 4.76%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 11.0% for Phillips 66 (PSX) options.
Is Phillips 66 (PSX) a good stock for cash-secured puts?
Phillips 66 (PSX) presents 271 cash-secured puts opportunities with yields up to 4.76%. With a B+ rating, Phillips 66 (PSX) in the Energy sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Phillips 66 (PSX) for cash-secured puts.
What expiration dates are available for Phillips 66 (PSX) cash-secured puts?
Our screener shows Phillips 66 (PSX) 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 Phillips 66 (PSX) cash-secured puts?
Implied volatility significantly impacts cash-secured puts premiums for Phillips 66 (PSX). Currently, Phillips 66 (PSX) options show an average IV of 11.0% with peaks at 45.0%. 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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