BAC · Wheel
Bank of America Corporation Common Stock (BAC) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $51.00
- Modelled premium
- $0.19
- Cash required
- $5,100.00
- Breakeven
- $50.81
- Downside buffer
- 5.1%
- Period return
- 0.4%
- Annualized return
- 21.8%
- Days to expiration
- 7
Update time unavailable
Loading graph — the exact table is available below.
$26.76Expiration P/L -$2,405.00Update time unavailable
Event / reference markers
- Spot: $53.52
- Expiry breakeven $50.81: $50.81
- sell put strike $51.00: $51.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$2,405.00 | Update time unavailable | ||
| -$2,351.48 | Update time unavailable | ||
| -$2,297.96 | Update time unavailable | ||
| -$2,244.44 | Update time unavailable | ||
| -$2,190.92 | Update time unavailable | ||
| -$2,137.40 | Update time unavailable | ||
| -$2,083.88 | Update time unavailable | ||
| -$2,030.36 | Update time unavailable | ||
| -$1,976.84 | Update time unavailable | ||
| -$1,923.32 | Update time unavailable | ||
| -$1,869.80 | Update time unavailable | ||
| -$1,816.28 | Update time unavailable | ||
| -$1,762.76 | Update time unavailable | ||
| -$1,709.24 | Update time unavailable | ||
| -$1,655.72 | Update time unavailable | ||
| -$1,602.20 | Update time unavailable | ||
| -$1,548.68 | Update time unavailable | ||
| -$1,495.16 | Update time unavailable | ||
| -$1,441.64 | Update time unavailable | ||
| -$1,388.12 | Update time unavailable | ||
| -$1,334.60 | Update time unavailable | ||
| -$1,281.08 | Update time unavailable | ||
| -$1,227.56 | Update time unavailable | ||
| -$1,174.04 | Update time unavailable | ||
| -$1,120.52 | Update time unavailable | ||
| -$1,067.00 | Update time unavailable | ||
| -$1,013.48 | Update time unavailable | ||
| -$959.96 | Update time unavailable | ||
| -$906.44 | Update time unavailable | ||
| -$852.92 | Update time unavailable | ||
| -$799.40 | Update time unavailable | ||
| -$745.88 | Update time unavailable | ||
| -$692.36 | Update time unavailable | ||
| -$638.84 | Update time unavailable | ||
| -$585.32 | Update time unavailable | ||
| -$531.80 | Update time unavailable | ||
| -$478.28 | Update time unavailable | ||
| -$424.76 | Update time unavailable | ||
| -$371.24 | Update time unavailable | ||
| -$317.72 | Update time unavailable | ||
| -$264.20 | Update time unavailable | ||
| -$210.68 | Update time unavailable | ||
| -$157.16 | Update time unavailable | ||
| -$103.64 | Update time unavailable | ||
| -$50.12 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $3.40 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Spot reference | Update time unavailable | |
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable |
Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $50.81 per share after premium; the shares can keep falling.
Stage C would sell a $56.00 call for about $0.24, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 7, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.