CRDO
CRDO · Sep 21, 2026
$187.27
Shares
Prices as of 11:48 PM ET, Sep 21. Check the live quote before you send an order.
The put
Skip
Skip the put. It pays a lot because CRDO can drop a lot. Wait, or buy shares.
If it goes against you: you buy 100 shares at $185, which after the $1,455 you keep works out to $170.45 a share. Below $170.45 you are down on the trade. From that day the shares take above is the one that applies.
The order, if you sell it anyway
You get$1,455 (limit about $14.55)
If it fallsBuy 100 shares at $185
Cash to hold$18,500
Close earlyBuy back at about $8.73 ($873)
Chance you buy the sharesabout 42 in 100
ContractCRDO Oct 23 $185 put
ActionSell to open
In your broker app: open the stock → Trade → Options → Sell to open → pick the contract shown here.
Why skip
The put: Oct 23, $185 strike, 32 days out. Pays $1,455. Roughly a 42-in-100 chance you end up buying the shares.
On paper: 90% a year. That number assumes CRDO keeps moving like it did the past two years. Take that away and it is -41% a year. That is why we say skip.
Next earnings Nov 30, after this put ends. We never sell a put across a report.
If you already own 100 shares
Income call
For income on CRDO you already hold: sell the Oct 2 $220 call and take $155 now. If CRDO climbs to $220 by Oct 2, your 100 shares are sold at $220, so only do it if you're happy selling there.
If it climbs past $220 your 100 shares are sold at $220 and you keep the $155. That is the trade working, not a loss.
The call order
ActionSell to open
ContractCRDO Oct 2 $220 call
You get$155 (limit about $1.55)
If it climbsYour 100 shares sell at $220
Chance your shares are soldabout 13 in 100
After removing the trend-77% a year
First take on CRDO. Result Oct 23. See the record
Everyone sees the same card. It is not advice for you personally. You can lose more than you collect.
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