01 — BA · CASH-SECURED PUTS

Best BA cash-secured puts setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Mega-cap industrial with elevated implied volatility tied to production, regulator, and quality-control headlines.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Boeing
Industrials / Aerospace
BA
$171.55-7.8% / 30d
IV rank (1y)
98.9% · elevated
Next earnings
Jan 26
Market cap
$135.9B
P/E (fwd)
66.7
Option vol
17K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick
$165 put · Nov 27
27 DAYS · 3.8% OTM · SELL TO OPEN
Credit
$340
Return
1.98%
PoP
70%
StrikeExpirationCreditReturn ↓PoP
$165
3.8% OTM
Dec 4
34 days
$315
$3.15 / share
1.84%68%
$115
33.0% OTM
Nov 27
27 days
$107
$1.07 / share
0.62%70%
$105
38.8% OTM
Nov 27
27 days
$27
$0.27 / share
0.16%70%
$90
47.5% OTM
Nov 27
27 days
$18
$0.18 / share
0.1%70%
$95
44.6% OTM
Nov 27
27 days
$18
$0.18 / share
0.1%70%
$100
41.7% OTM
Nov 27
27 days
$18
$0.18 / share
0.1%70%
$110
35.9% OTM
Nov 27
27 days
$14
$0.14 / share
0.08%70%
$120
30.1% OTM
Dec 4
34 days
$10
$0.10 / share
0.06%70%
$115
33.0% OTM
Dec 4
34 days
$6
$0.06 / share
0.03%70%
10 of 18 matchesCustomize filters →

03 — Strategy

Cash-Secured Puts, plainly explained

Income-focused traders comfortable owning shares if assigned.

P&L at expiration · $165 put · 27 DTE

$0+$340losses$161.60 BREAKEVEN$165 STRIKE

Key numbers

Premium collected+$340
Max profit+$340
Breakeven$161.60
Capped above$165
Probability of profit70%
Days to expiration27

When this trade makes sense

Use when

  • ✓You have cash to buy 100 shares at the strike
  • ✓You'd be happy owning the stock at the strike price
  • ✓You think the stock holds or drifts up
  • ✓IV rank is elevated — premiums are rich

Avoid when

  • ✕You think the stock is about to drop hard
  • ✕You don't actually want to own the stock
  • ✕Earnings are inside the expiration window
  • ✕Premiums are unusually low — nothing to collect
Read the full cash-secured puts guide →

05 — RUN IT LIVE

See the highest chance of profit on BA.

Alpha Hawk scans live chains and recommends setups based on current market conditions.

Analyze BA free →