What one fully collateralized contract ties up, by underlying
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-22, from Trading Options Inside an IRA: How It Works.
| symbol | cash_for_one_put_k | cost_of_100_shares_k | contract_count |
|---|---|---|---|
| SPY | 76.1 | 77 | 397 |
| MSFT | 48.4 | 48.5 | 58 |
| AAPL | 31.7 | 31.7 | 41 |
| NVDA | 21.8 | 21.9 | 28 |
| KO | 8.9 | 9 | 33 |
| T | 2.5 | 2.5 | 22 |
- Rows × columns
- 6 × 4
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
symbol |
text | 6 distinct values (AAPL, KO, MSFT…) | |
cash_for_one_put_k |
number | 2.5 to 76.1 | |
cost_of_100_shares_k |
number | 2.5 to 77 | count |
contract_count |
number | 22 to 397 | count |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
the exact SQL behind every number
SELECT
underlying_symbol AS symbol,
round(avg(toFloat64(strike_price)) * 100 / 1000, 1) AS cash_for_one_put_k,
round(avg(toFloat64(underlying_close)) * 100 / 1000, 1) AS cost_of_100_shares_k,
count() AS contract_count
FROM global_markets.options_greeks
WHERE date = (
SELECT max(date)
FROM global_markets.options_greeks
WHERE underlying_symbol IN ('AAPL', 'MSFT', 'NVDA', 'SPY', 'KO', 'T')
)
AND lower(toString(option_type)) IN ('put', 'p')
AND days_to_expiry BETWEEN 15 AND 60
AND toFloat64(underlying_close) > 0
AND toFloat64(strike_price) > 0
AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 1) < 0.05
AND underlying_symbol IN ('AAPL', 'MSFT', 'NVDA', 'SPY', 'KO', 'T')
GROUP BY underlying_symbol
ORDER BY cost_of_100_shares_k DESC
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