BTDR · Wheel

Bitdeer Technologies Group (BTDR) wheel

The cash-secured put → assigned shares → covered call cycle for this ticker.

$10.40
Modelled strike
$7.50
Modelled premium
$0.13
Cash required
$750.00
Breakeven
$7.37
Downside buffer
29.1%
Period return
1.7%
Annualized return
20.3%
Days to expiration
33
Strategy payoffModelled cash-secured put payoff. Spot $10.40. Expiry maximum profit $13.00 · Expiry maximum loss -$737.00 · Expiry breakevens $7.37. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$5.20Expiration P/L -$217.00Update time unavailable
Event / reference markers
  • Spot: $10.40
  • Expiry breakeven $7.37: $7.37
  • sell put strike $7.50: $7.50
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$217.00Update time unavailable
-$206.60Update time unavailable
-$196.20Update time unavailable
-$185.80Update time unavailable
-$175.40Update time unavailable
-$165.00Update time unavailable
-$154.60Update time unavailable
-$144.20Update time unavailable
-$133.80Update time unavailable
-$123.40Update time unavailable
-$113.00Update time unavailable
-$102.60Update time unavailable
-$92.20Update time unavailable
-$81.80Update time unavailable
-$71.40Update time unavailable
-$61.00Update time unavailable
-$50.60Update time unavailable
-$40.20Update time unavailable
-$29.80Update time unavailable
-$19.40Update time unavailable
-$9.00Update time unavailable
$0.00Update time unavailable
$1.40Update time unavailable
$11.80Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
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$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
$13.00Spot referenceUpdate time unavailable
$13.00Update time unavailable
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$13.00Update time unavailable
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$13.00Update time unavailable
$13.00Update time unavailable
$13.00Update time unavailable
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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 $7.37 per share after premium; the shares can keep falling.

Stage C would sell a $13.00 call for about $0.37, 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.