{"slug":"why-would-anyone-sell-a-put-option","qid":"premium_across_names","label":"premium_across_names","post_title":"why-would-anyone-sell-a-put-option","post_url":"/blog/why-would-anyone-sell-a-put-option#q-premium_across_names","columns":["symbol","iv_pct","premium_pct_of_strike","premium_per_contract"],"rows":[{"symbol":"TSLA","iv_pct":44.3,"premium_pct_of_strike":3.17,"premium_per_contract":"$1217"},{"symbol":"NVDA","iv_pct":37.3,"premium_pct_of_strike":2.48,"premium_per_contract":"$495"},{"symbol":"MSFT","iv_pct":30.7,"premium_pct_of_strike":1.7,"premium_per_contract":"$631"},{"symbol":"JNJ","iv_pct":25.1,"premium_pct_of_strike":0.99,"premium_per_contract":"$219"},{"symbol":"AAPL","iv_pct":23.6,"premium_pct_of_strike":0.94,"premium_per_contract":"$266"},{"symbol":"KO","iv_pct":20.7,"premium_pct_of_strike":0.72,"premium_per_contract":"$55"},{"symbol":"SPY","iv_pct":18.9,"premium_pct_of_strike":0.54,"premium_per_contract":"$388"}],"shape":"ranking","sql":"SELECT\n    underlying_symbol                                                          AS symbol,\n    round(avg(implied_volatility) * 100, 1)                                    AS iv_pct,\n    round(100 * avg(toFloat64(option_close) / toFloat64(strike_price)), 2)     AS premium_pct_of_strike,\n    concat('$', toString(toUInt32(round(avg(toFloat64(option_close)) * 100)))) AS premium_per_contract\nFROM global_markets.options_greeks\nWHERE underlying_symbol IN ('SPY', 'KO', 'JNJ', 'AAPL', 'MSFT', 'NVDA', 'TSLA')\n  AND delta < 0\n  AND iv_converged = 1\n  AND volume > 0\n  AND date BETWEEN '2026-06-15' AND '2026-06-19'\n  AND days_to_expiry BETWEEN 25 AND 40\n  AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 0.95) < 0.02\nGROUP BY underlying_symbol\nORDER BY premium_pct_of_strike DESC","computed_at":"2026-10-02T15:32:53.307696+00:00","elapsed":0.002890839}