The Cash-Secured Put Calculator is a Thinkorswim custom quote script built to simplify the evaluation of selling cash-secured puts. By displaying premium yield and breakeven levels directly on the options chain, it gives traders the clarity needed to confidently manage one of the most popular options income strategies.
Key Features:
✅ Premium % Return: Instantly see the percentage yield from selling puts relative to the underlying stock.
✅ Breakeven Price: Automatically calculates the adjusted breakeven level if assigned shares.
✅ Clean Visual Labels: Displays results as clear, easy-to-read labels directly in the options chain.
✅ Custom Threshold Highlighting: Helps quickly identify trades meeting or exceeding your preferred profitability targets (default 50%).
✅ Fast Setup: Just paste into Thinkorswim’s Custom Quote settings—no charts or extra overlays needed.
Perfect For:
Traders who use cash-secured puts as an income strategy or as an entry method for accumulating stock at lower effective prices.
⚠️ Disclaimer: This indicator is for educational use only. It does not constitute investment advice. Trading involves substantial risk; never trade with money you cannot afford to lose. Past performance is not indicative of future results.
The Cash-Secured Put Calculator is a Thinkorswim custom quote script built to simplify the evaluation of selling cash-secured puts. By displaying premium yield and breakeven levels directly on the options chain, it gives traders the clarity needed to confidently manage one of the most popular options income strategies.
Key Features:
✅ Premium % Return: Instantly see the percentage yield from selling puts relative to the underlying stock.
✅ Breakeven Price: Automatically calculates the adjusted breakeven level if assigned shares.
✅ Clean Visual Labels: Displays results as clear, easy-to-read labels directly in the options chain.
✅ Custom Threshold Highlighting: Helps quickly identify trades meeting or exceeding your preferred profitability targets (default 50%).
✅ Fast Setup: Just paste into Thinkorswim’s Custom Quote settings—no charts or extra overlays needed.
Perfect For:
Traders who use cash-secured puts as an income strategy or as an entry method for accumulating stock at lower effective prices.
⚠️ Disclaimer: This indicator is for educational use only. It does not constitute investment advice. Trading involves substantial risk; never trade with money you cannot afford to lose. Past performance is not indicative of future results.
