OPEN Cash Secured Put Opportunities
Selling a cash secured put on OPEN (OPEN) 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 OPEN at the strike price if it closes below it at expiry.
Fresh cash secured put data for OPEN is refreshed daily by the Kovered screener.
OPEN premium ratio trend
Over the last 44 trading snapshots, OPEN's cash secured put premium ratio has ranged from 3.75% to 11.60%, averaging 8.13%. It currently sits at 7.43%, which is below its recent average — a higher ratio means more income per dollar of cash secured.
Is OPEN a good cash secured put stock?
The Net Score weighs income against risk: how far OPEN 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 OPEN against every other symbol on the ranked screener before committing capital.