BP · Wheel
BP p.l.c. Common Stock (BP) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $47.00
- Modelled premium
- $0.25
- Cash required
- $4,700.00
- Breakeven
- $46.75
- Downside buffer
- 4.5%
- Period return
- 0.5%
- Annualized return
- 91.5%
- Days to expiration
- 3
Update time unavailable
Loading graph — the exact table is available below.
$24.465: Expiration P/L: -$2,228.50 Update time unavailable
Event / reference markers
- Spot: $48.93
- Expiry breakeven $46.75: $46.75
- sell put strike $47.00: $47.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$2,228.50 | Update time unavailable | ||
| -$2,179.57 | Update time unavailable | ||
| -$2,130.64 | Update time unavailable | ||
| -$2,081.71 | Update time unavailable | ||
| -$2,032.78 | Update time unavailable | ||
| -$1,983.85 | Update time unavailable | ||
| -$1,934.92 | Update time unavailable | ||
| -$1,885.99 | Update time unavailable | ||
| -$1,837.06 | Update time unavailable | ||
| -$1,788.13 | Update time unavailable | ||
| -$1,739.20 | Update time unavailable | ||
| -$1,690.27 | Update time unavailable | ||
| -$1,641.34 | Update time unavailable | ||
| -$1,592.41 | Update time unavailable | ||
| -$1,543.48 | Update time unavailable | ||
| -$1,494.55 | Update time unavailable | ||
| -$1,445.62 | Update time unavailable | ||
| -$1,396.69 | Update time unavailable | ||
| -$1,347.76 | Update time unavailable | ||
| -$1,298.83 | Update time unavailable | ||
| -$1,249.90 | Update time unavailable | ||
| -$1,200.97 | Update time unavailable | ||
| -$1,152.04 | Update time unavailable | ||
| -$1,103.11 | Update time unavailable | ||
| -$1,054.18 | Update time unavailable | ||
| -$1,005.25 | Update time unavailable | ||
| -$956.32 | Update time unavailable | ||
| -$907.39 | Update time unavailable | ||
| -$858.46 | Update time unavailable | ||
| -$809.53 | Update time unavailable | ||
| -$760.60 | Update time unavailable | ||
| -$711.67 | Update time unavailable | ||
| -$662.74 | Update time unavailable | ||
| -$613.81 | Update time unavailable | ||
| -$564.88 | Update time unavailable | ||
| -$515.95 | Update time unavailable | ||
| -$467.02 | Update time unavailable | ||
| -$418.09 | Update time unavailable | ||
| -$369.16 | Update time unavailable | ||
| -$320.23 | Update time unavailable | ||
| -$271.30 | Update time unavailable | ||
| -$222.37 | Update time unavailable | ||
| -$173.44 | Update time unavailable | ||
| -$124.51 | Update time unavailable | ||
| -$75.58 | Update time unavailable | ||
| -$26.65 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $22.28 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Spot reference | Update time unavailable | |
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | Update time unavailable | ||
| $25.00 | 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 $46.75 per share after premium; the shares can keep falling.
Stage C would sell a $51.00 call for about $0.26, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 27, 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.