VOO
VOO · Sep 21, 2026
$712.78
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 VOO swings more than it pays. Want VOO? Buy shares.
If it goes against you: you buy 100 shares at $672, which after the $312 you keep works out to $669.38 a share. Below $669.38 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$312 (limit about $3.12)
If it fallsBuy 100 shares at $672
Cash to hold$67,250
Close earlyBuy back at about $2.81 ($281)
Chance you buy the sharesabout 15 in 100
ContractVOO Oct 30 $672 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, $672 strike, 39 days out. Pays $312. Roughly a 15-in-100 chance you end up buying the shares.
On paper: 4% a year. That number assumes VOO 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 VOO you already hold: sell the Sep 25 $718 call and take $138 now. If VOO climbs to $718 by Sep 25, your 100 shares are sold at $718, so only do it if you're happy selling there.
If it climbs past $718 your 100 shares are sold at $718 and you keep the $138. That is the trade working, not a loss.
The call order
ActionSell to open
ContractVOO Sep 25 $718 call
You get$138 (limit about $1.38)
If it climbsYour 100 shares sell at $718
Close earlyBuy back at about $1.24 ($124)
Chance your shares are soldabout 20 in 100
After removing the trend-4% a year
First take on VOO. 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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