Option Profit Sim

TSLA Cash Secured Put Calculator

Calculate max profit, max loss, breakeven and probability of profit for a Tesla, Inc. (TSLA) cash secured put. Adjust the strike and premium and the payoff chart updates instantly.

Open the TSLA Cash Secured Put calculator →

Pre-loaded with TSLA and the cash secured put — ready to edit.

TSLA Cash Secured Put — payoff at expirationexample @ $248
Max profit
$1.91k
Max loss
-$22.8k
Breakeven
$228
Prob. of profit
66%

Illustrative example on a ~$248 share price and a 6-week expiration. Open the calculator for live pricing and to edit the strikes, premium and expiration.

TSLA Cash Secured Put: the essentials

Cash Secured Put FAQ

Educational overview of how the strategy works — not financial advice.

What is a cash-secured put on TSLA?

You sell a put on Tesla, Inc. (TSLA) and set aside enough cash to buy 100 shares at the strike if you're assigned. You're paid a premium to agree to buy TSLA at a lower price — a way to generate income or enter a stock at a discount.

How much can I make and lose on a TSLA cash-secured put?

Max profit is the premium, kept in full if TSLA stays above the strike at expiration. Max loss is defined: (strike − premium) × 100 if the stock fell to $0. In practice, a loss means you own the shares at a net cost below the strike.

What is the breakeven on a TSLA cash-secured put?

The strike minus the premium collected — which is also your effective purchase price on the shares if you're assigned.

What happens if TSLA falls below the strike?

You're assigned and buy 100 shares at the strike, using the cash you already reserved. Your cost basis is reduced by the premium, so you effectively bought Tesla, Inc. at a discount to the strike. Many traders sell cash-secured puts specifically to get paid while waiting to enter.

How much capital do I need for a TSLA cash-secured put?

The full strike × 100 in cash — that's what "cash-secured" means. Selling the same put on margin (a "naked" put) ties up less but adds risk and margin calls. The calculator above shows the exact collateral for your strike.

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Figures are theoretical estimates for education only — not financial advice. Options involve risk.

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