Understanding Screener Results
Let's walk through a real screener result step by step. We searched NVDA using the Aggressive profile and got 10 matches. Here's how to read what you're looking at.
What is a Cash-Secured Put?
A cash-secured put is an income strategy where you sell a put option and set aside enough cash to buy the shares if assigned. You collect premium upfront in exchange for agreeing to potentially buy the stock at the strike price.
The Setup
The Screener Output
The screener found 10 matches across NVDA's option chain. Results are sorted by annualized yield. Notice the earnings warning badges — NVDA has an upcoming earnings report on May 20, 2026, which falls inside several of these expiration windows.
| $ Option Information | ↗ Risk Metrics | ⚗ Backtest Results | ||||||
|---|---|---|---|---|---|---|---|---|
| Ticker | Strike | DTE / Exp | Premium | Cushion | IV/HV | POP | Ann. Yield ↓ | |
NVDA🔴 Earnings risk | $195.00 | 16d2026-05-22 | $4.35 | 5.1% | 1.48 | 88% | 50.9% | |
Option DetailsBreakeven$190.65 Max Profit$435 Max Loss$19,065 Capital Required$19,500 Risk MetricsVolatility Implied Vol50.2% Historical Vol34.1% IV/HV Ratio1.48 Cushion5.1% Greeks Delta (Δ)-0.286 Gamma (Γ)0.0157 Theta (Θ)-0.225 Vega (ν)0.146 Rho (ρ)-0.028 Backtest AnalysisData Points252 Successes221 Cushion Broken31 Success Rate87.7% History Period1 year | ||||||||
NVDA⚠ Earnings | $195.00 | 23d2026-05-29 | $5.05 | 5.1% | 1.48 | 88% | 41.1% | |
NVDA🔴 Earnings risk | $190.00 | 16d2026-05-22 | $3.05 | 7.6% | 1.48 | 95% | 36.6% | |
NVDA⚠ Earnings | $195.00 | 30d2026-06-05 | $5.80 | 5.1% | 1.48 | 90% | 36.2% | |
NVDA | $195.00 | 9d2026-05-15 | $1.50 | 5.1% | 1.48 | 91% | 31.1% | |
NVDA⚠ Earnings | $190.00 | 23d2026-05-29 | $3.65 | 7.6% | 1.48 | 93% | 30.5% | |
NVDA | $195.00 | 7d2026-05-13 | $1.06 | 5.1% | 1.48 | 90% | 28.5% | |
NVDA⚠ Earnings | $190.00 | 30d2026-06-05 | $4.25 | 7.6% | 1.48 | 95% | 27.2% | |
NVDA🔴 Earnings risk | $185.00 | 16d2026-05-22 | $2.06 | 10.8% | 1.48 | 99% | 25.5% | |
NVDA | $192.50 | 9d2026-05-15 | $1.10 | 6.3% | 1.48 | 94% | 23.1% | |
What Each Metric Means
Strike Price
$195.00The strike is the price at which you agree to buy 100 NVDA shares if the option is exercised. At $195, NVDA would need to fall below that level by expiration for you to get assigned.
Why it matters: A lower strike gives you more cushion but less premium. A higher strike gives more premium but less room for the stock to move.
Days to Expiration (DTE)
16 daysThis option expires on May 22, 2026 — 16 days away. The Aggressive profile targets 7–30 DTE, which means faster theta decay working in your favor but less time for the trade to recover if NVDA moves against you.
Why it matters: Shorter DTE = higher annualized yield, but less margin for error.
Premium
$4.35 per shareYou receive $4.35 per share ($435 total for one contract of 100 shares) the moment you open the trade. This is yours to keep regardless of what happens.
Cushion
5.1%NVDA would need to fall 5.1% from its current price before you'd be obligated to buy shares. The Aggressive profile requires a minimum 5% cushion, so this just clears the bar.
IV/HV Ratio
1.48This compares Implied Volatility (what the market expects) to Historical Volatility (what actually happened). At 1.48, implied vol is 48% higher than historical — NVDA's options are pricing in significantly more movement than it has actually delivered.
A ratio of 1.48 is strong. It means you're collecting rich premiums relative to NVDA's actual realized moves — great conditions for selling options.
Probability of Profit (POP)
88%Based on the past year of NVDA price history, this setup would have been profitable 88% of the time. The screener looked at 252 historical scenarios and found NVDA stayed above $195 on 221 of them.
Annualized Yield
50.9%If you repeated this exact trade throughout the year collecting similar premiums on similar capital, your annualized return would be approximately 50.9%. This is high because NVDA's implied volatility is elevated — you're being well compensated for the risk.
Breakeven
$190.65Your breakeven is the strike price minus the premium received: $195 – $4.35 = $190.65. If assigned, this is your effective cost per share.
Even if NVDA drops to $190.65 at expiration, you break even because the $435 premium you collected offsets the paper loss on the shares.
Backtest Analysis
252 data pointsThe screener analyzed 252 historical scenarios — one year of trading days — to calculate how often a similar NVDA setup would have been profitable.
Earnings Warning Badges
NVDA reports earnings on May 20, 2026. You can see how the screener flags different rows differently depending on where that date falls relative to expiration.
Use the Exclude earnings risk toggle in the results header to automatically hide all red-flagged rows. The amber rows are a judgment call — some traders avoid them, others see the elevated IV around earnings as an opportunity.
Trade Summary
What You're Agreeing To
- 1Set aside $19,500 as collateral for 16 days
- 2Receive $435 premium immediately
- 3If NVDA stays above $195: keep premium, trade ends
- 4If NVDA falls below $195: buy 100 shares at $195 (effective cost $190.65 after premium)
Key Takeaways
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