Best SPY Cash-Secured Put Strategy — 14-Day Strikes, Up to 1.26% Premium
State Street SPDR S&P 500 ETF Trust · SPY · Cash Secured Put · Updated Jul 28, 2026
Highlighted 14–30 day cash-secured puts on State Street SPDR S&P 500 ETF Trust (SPY) reach up to 1.26% annualized yield (1.17% avg on top strikes in the tables below).
View SPY chartTop Cash Secured Puts (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $742.00 | Aug 14 | 17 | -0.49 | $9.39 | 1.26% | 41 | Open |
| $741.00 | Aug 14 | 17 | -0.48 | $9.02 | 1.21% | 40 | Open |
| $740.00 | Aug 14 | 17 | -0.46 | $8.66 | 1.17% | 40 | Open |
| $739.00 | Aug 14 | 17 | -0.44 | $8.31 | 1.12% | 40 | Open |
| $742.00 | Aug 10 | 13 | -0.50 | $8.05 | 1.08% | 29 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Cash-secured puts snapshot
Insights
Top pick
Best cash-secured puts for State Street SPDR S&P 500 ETF Trust (SPY): $742.00 strike expiring Aug 14, 2026, 1.26% yield.
Short-term opportunities
State Street SPDR S&P 500 ETF Trust (SPY) has competitive cash-secured puts expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for State Street SPDR S&P 500 ETF Trust (SPY) is 14.9% (moderate).
Lowest capital at risk
Lowest strike CSP for State Street SPDR S&P 500 ETF Trust (SPY): $739.00 at 1.12% yield.
How to use this page
- Review State Street SPDR S&P 500 ETF Trust (SPY) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for State Street SPDR S&P 500 ETF Trust (SPY) — Open our Cash Secured Puts screener with SPY 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 State Street SPDR S&P 500 ETF Trust (SPY) cash-secured puts shows average premium yield of 1.17% and peaks at 1.26%. Average implied volatility is 14.9% (peak 15.3%), indicating moderate volatility for premium sellers. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best cash-secured puts for State Street SPDR S&P 500 ETF Trust (SPY)?
The best cash-secured puts for State Street SPDR S&P 500 ETF Trust (SPY) reach up to 1.26% annualized yield (1.17% 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 State Street SPDR S&P 500 ETF Trust (SPY)'s fundamentals for cash-secured puts?
For State Street SPDR S&P 500 ETF Trust (SPY), key fundamentals include last price $740.91, P/E 26.6. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find cash-secured puts for State Street SPDR S&P 500 ETF Trust (SPY)?
Use our Cash Secured Puts screener with State Street SPDR S&P 500 ETF Trust (SPY) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (14.9% avg IV on this page).
What is the average premium yield for State Street SPDR S&P 500 ETF Trust (SPY) cash-secured puts?
Average premium yield for State Street SPDR S&P 500 ETF Trust (SPY) cash-secured puts is 1.17%, with top contracts up to 1.26%. Yields move with strike, expiration, and IV (avg 14.9%, peak 15.3%).
Is State Street SPDR S&P 500 ETF Trust (SPY) a good stock for cash-secured puts?
State Street SPDR S&P 500 ETF Trust (SPY) offers cash-secured puts with yields up to 1.26%. IV is moderate—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for State Street SPDR S&P 500 ETF Trust (SPY) cash-secured puts?
State Street SPDR S&P 500 ETF Trust (SPY) 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 State Street SPDR S&P 500 ETF Trust (SPY) cash-secured puts?
IV drives option premiums: State Street SPDR S&P 500 ETF Trust (SPY) averages 14.9% IV (peak 15.3%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.