GIS Cash Secured Put Opportunities
Selling a cash secured put on GIS (GIS) means setting aside enough cash to buy 100 shares and selling a put option. You collect the premium up front; in exchange you agree to buy GIS at the strike price if it closes below it at expiry.
As of 2026-07-25, GIS last traded around $36.03. Its best-scoring cash secured put is the $35.00 strike expiring 2026-08-21, paying $0.70 per share — a 2.00% premium ratio and a Net Score of 5.1 out of 10.
Cash Secured Put data for GIS — cached 2026-07-25| Expiry | Strike type | Strike | Premium | Premium ratio | Net Score |
|---|
| 2026-08-21 | OTM | $35.00 | $0.70 | 2.00% | 5.1 |
How much income does an GIS cash secured put generate?
One options contract covers 100 shares. At the $35.00 strike, GIS pays $0.70 per share, so a single contract collects about $70 in premium. That income is set against securing the put with $3500 in cash, roughly $3500 of capital — the 2.00% premium ratio shown above.
GIS premium ratio trend
Over the last 40 trading snapshots, GIS's cash secured put premium ratio has ranged from 0.68% to 4.13%, averaging 2.18%. It currently sits at 2.00%, which is below its recent average — a higher ratio means more income per dollar of cash secured.
Is GIS a good cash secured put stock?
The Net Score weighs income against risk: how far GIS sits above its 52-week low, the premium relative to the strike, the capital required, and the absolute premium collected. A score of 8 or above marks an unusually strong risk-adjusted setup. Compare GIS against every other symbol on the ranked screener before committing capital.
GIS cash secured put FAQ
How much does an GIS cash secured put pay?
At the $35.00 strike expiring 2026-08-21, one GIS contract collects $0.70 per share — about $70 for the 100 shares one contract covers. That is a 2.00% premium ratio against roughly $3500 of capital.
Is GIS a good cash secured put candidate?
Kovered scores this setup 5.1 out of 10. The Net Score weighs the premium ratio against downside risk, capital required and total premium. GIS last traded at $36.03 versus a 52-week low of $31.75. Scores of 8 or above are unusually strong on a risk-adjusted basis.
What is the difference between an GIS covered call and a cash secured put?
A covered call needs you to already own 100 GIS shares and caps your upside at the strike. A cash secured put needs cash instead of shares and obliges you to buy GIS if it falls below the strike. Both collect premium up front; the covered call suits holders, the cash secured put suits buyers waiting for a lower entry.
How often is this GIS data updated?
Kovered refreshes strikes, premiums and Net Scores daily from live options data, so the GIS figures on this page reflect the most recent market close.