NIO cash-secured put calculator
Live sub-spot strikes ranked by annualized return on capital for NIO Inc..
Top 10 NIO cash-secured put strikes by annualized ROC
Loading…
How a cash-secured put on NIO works
A cash-secured put on NIO means you set aside cash equal to strike × 100 × contracts — the maximum you'd owe if assigned. In exchange you receive premium up front. For the full setup, delta-selection rules, and assignment management, read the complete cash-secured puts guide.
Three outcomes:
- NIO stays above the strike at expiry → the put expires worthless; you keep the premium and your cash.
- NIO closes below the strike at expiry → you buy 100 shares per contract at the strike. Effective cost basis = strike − premium.
- Stock drops well below the strike → you still buy at the strike, taking an unrealized loss equal to (strike − market price) per share, partially offset by the premium received.
Why NIO for a CSP
Very high implied volatility — premium income is rich but tail risk demands tight position sizing. NIO does not currently pay a dividend, so ex-dividend early-assignment risk on short calls is not a concern.
For wheel-strategy traders, NIO is a high-risk wheel candidate that demands tight position sizing. The very high implied volatility — premium income is rich but tail risk demands tight position sizing means cash-secured puts collect meaningful premium, and the underlying business profile (Consumer Discretionary — China EV) makes it a name many income sellers would be comfortable being assigned at the right strike.
How to use the NIO CSP calculator
- The expiration dropdown loads the NIO live chain when you open the page.
- Pick a strike below the current price — the Top 10 list above ranks them by annualized ROC.
- Pick a delta range that matches your risk preference (0.20–0.30 is the typical income-seller zone).
- Read the results: cash at risk, premium yield, annualized ROC, effective cost basis if assigned, and breakeven.
Related strategies on NIO
- Covered calls on NIO — if you already own shares
- NIO wheel strategy — the full CSP → assignment → CC cycle
- NIO options overview
Related tickers for CSP selling
FAQ
How is annualized ROC calculated for a NIO CSP?
Annualized return on capital = (Premium ÷ Cash secured) × (365 ÷ days to expiration). Cash secured equals strike × 100 × number of contracts.
What's the effective cost basis if my NIO put is assigned?
Effective cost basis = strike − premium received. That's the actual price per share you pay if assigned, usually below the strike and often below the current market price. The CSP cost-basis deep-dive walks through the math with worked examples.
What strike should I sell on NIO?
Pick a sub-spot strike you would genuinely be comfortable owning NIO at. The Top 10 ranking helps surface candidates; ROC alone isn't enough — you need to want the assignment outcome at that price. The CSP delta-selection guide covers the trade-offs.