Best SPY Cash-Secured Put Strategy — 14-Day Strikes, Up to 1.08% Premium
State Street SPDR S&P 500 ETF Trust · SPY · Cash Secured Put · Updated Aug 11, 2026
Highlighted 14–30 day cash-secured puts on State Street SPDR S&P 500 ETF Trust (SPY) reach up to 1.08% annualized yield (1.00% 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 |
|---|---|---|---|---|---|---|---|
| $770.00 | Aug 28 | 17 | -0.46 | $7.15 | 0.92% | 37 | Open |
| $770.00 | Aug 31 | 20 | -0.46 | $7.56 | 0.98% | 37 | Open |
| $771.00 | Aug 28 | 17 | -0.48 | $7.56 | 0.97% | 35 | Open |
| $772.00 | Aug 31 | 20 | -0.50 | $8.41 | 1.08% | 32 | Open |
| $771.00 | Aug 31 | 20 | -0.48 | $7.97 | 1.03% | 32 | 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): $770.00 strike expiring Aug 28, 2026, 0.92% 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 11.7% (moderate).
Lowest capital at risk
Lowest strike CSP for State Street SPDR S&P 500 ETF Trust (SPY): $770.00 at 0.92% 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 1.00% and peaks at 1.08%. Average implied volatility is 11.7% (peak 11.9%), 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 1.08% annualized yield (1.00% 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 $770.55, P/E 26.0. 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 (11.7% 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 1.00%, with top contracts up to 1.08%. Yields move with strike, expiration, and IV (avg 11.7%, peak 11.9%).
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 1.08%. 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 11.7% IV (peak 11.9%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.