Cadence sells electronic design automation software and IP used to design semiconductors and complex systems. Revenue mostly subscription-based, providing stability. Low implied volatility relative to pure-play chip names; no dividend. Premiums can be thin except around earnings.
Electronic Design Automation
Market Cap
$88.0B
P/E Ratio
63.5
Beta
1.14
Forward P/E
33.5
52-Week RangeCurrent: $319.02
$262.75$416.69
Earnings
2026-10-26
65 days away
CDNS — the momentum profile has shifted. Inflections in our data resolve within a handful of sessions, putting more weight on entry timing than usual relative to strike selection.
CDNS ranks #5 of 169 Technology tickers by put-selling score (619 total screened)
Position Size & Yield Calculator
Live model for CDNS — drag any slider to recalculate. Strike defaults to ~5% OTM, snapped to typical exchange increments.
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Premium Income
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Per-Day Theta
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Annualized ROC
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📈At this pace: $0/year per contract if you roll continuously every 30 days
⚠️ Single-name concentration. Consider diversifying across multiple tickers — or use a Bull Put Spread to commit less collateral per trade.
Calculator assumptions
Cash-secured puts require holding cash equal to strike × 100 shares as collateral. Strike defaults to ~5% OTM, snapped to typical exchange increments. Premium defaults to ~2% of strike — adjust to your real expected fill. Annualized ROC = (premium ÷ collateral) × (365 ÷ DTE). CSP risk is single-name concentration: experienced put-sellers typically diversify across 4–6 underlyings rather than committing the whole account to one ticker. Continuous-rolling projections assume capital can be re-deployed after each expiration and that comparable premiums remain available — actual results vary with market conditions, assignments, and rolls.
This page is the research tool — you search any ticker, get the score, configure your own setup. The daily research publishes setups that pass the nightly filters, with strike, expiry, profit-capture references, and a tracking framework. Not every ticker, not every day. Quiet days are quiet. See a sample · how the pipeline works
The CDNS X-Ray score updates daily after market close. Embed it on any site, blog, or trading journal — completely free, no API key needed. The visible attribution line below the widget links back to ThetaLoop and helps the project grow.