DIA
DIA · Sep 21, 2026
$519.78
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. The money looks good, but DIA swings more than it pays. Want DIA? Buy shares.
If it goes against you: you buy 100 shares at $516, which after the $640 you keep works out to $509.60 a share. Below $509.60 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$640 (limit about $6.40)
If it fallsBuy 100 shares at $516
Cash to hold$51,600
Close earlyBuy back at about $0.64 ($64)
Chance you buy the sharesabout 40 in 100
ContractDIA Oct 30 $516 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 30, $516 strike, 39 days out. Pays $640. Roughly a 40-in-100 chance you end up buying the shares.
On paper: 12% a year. That number assumes DIA keeps moving like it did the past two years. Take that away and it is -1% a year. That is why we say skip.
If you already own 100 shares
Income call
For income on DIA you already hold: sell the Oct 30 $545 call and take $174 now. If DIA climbs to $545 by Oct 30, your 100 shares are sold at $545, so only do it if you're happy selling there.
If it climbs past $545 your 100 shares are sold at $545 and you keep the $174. That is the trade working, not a loss.
The call order
ActionSell to open
ContractDIA Oct 30 $545 call
You get$174 (limit about $1.74)
If it climbsYour 100 shares sell at $545
Chance your shares are soldabout 15 in 100
After removing the trend-4% a year
First take on DIA. Result Oct 30. 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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