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Synopsys Put Write: Design Premium While AI Chips Evolve

Nathan Eaton

SNPS trades at 411.9, down from recent peaks. The stock advances AI chip design tools and Ansys acquisition.

Nvidia partner Synopsys accelerates shift from silicon to systems. New tools target AI chips and systems design.

CEO Sassine Ghazi highlights AI use across products and Ansys integration.

Here is the put write: SELL -1 SNPS 10 Apr 26 385.0 PUT Contract @11.13 LMT

Trade stats: Win Rate: 100.0. Number of trades: 1. Stock price: 411.9. IV: 48.87. Delta: -0.28. Theta: -0.51. Max Return Pct: 2.89.

Stock closes above 385 on April 10, 2026. Keep full 11.13 premium per contract.

Stock closes below 385 on expiration. Keep premium. Assigned 100 shares at 385. Cost basis: 373.87.

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Tiblio Atlas Team

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