BTG · Cash-Secured-Puts

B2Gold Corp Common shares (Canada) (BTG) cash-secured puts

A modelled cash-secured put from the published implied volatility, with breakeven and buffer.

$4.99
Modelled strike
$4.50
Modelled premium
$0.01
Cash required
$450.00
Breakeven
$4.49
Downside buffer
10.1%
Period return
0.3%
Annualized return
21.1%
Days to expiration
6
Strategy payoffModelled cash-secured put payoff. Spot $4.99. Expiry maximum profit $1.00 · Expiry maximum loss -$449.00 · Expiry breakevens $4.49. 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.

$2.495: Expiration P/L: -$199.50 Update time unavailable
Event / reference markers
  • Spot: $4.99
  • Expiry breakeven $4.49: $4.49
  • sell put strike $4.50: $4.50
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$199.50Update time unavailable
-$194.51Update time unavailable
-$189.52Update time unavailable
-$184.53Update time unavailable
-$179.54Update time unavailable
-$174.55Update time unavailable
-$169.56Update time unavailable
-$164.57Update time unavailable
-$159.58Update time unavailable
-$154.59Update time unavailable
-$149.60Update time unavailable
-$144.61Update time unavailable
-$139.62Update time unavailable
-$134.63Update time unavailable
-$129.64Update time unavailable
-$124.65Update time unavailable
-$119.66Update time unavailable
-$114.67Update time unavailable
-$109.68Update time unavailable
-$104.69Update time unavailable
-$99.70Update time unavailable
-$94.71Update time unavailable
-$89.72Update time unavailable
-$84.73Update time unavailable
-$79.74Update time unavailable
-$74.75Update time unavailable
-$69.76Update time unavailable
-$64.77Update time unavailable
-$59.78Update time unavailable
-$54.79Update time unavailable
-$49.80Update time unavailable
-$44.81Update time unavailable
-$39.82Update time unavailable
-$34.83Update time unavailable
-$29.84Update time unavailable
-$24.85Update time unavailable
-$19.86Update time unavailable
-$14.87Update time unavailable
-$9.88Update time unavailable
-$4.89Update time unavailable
$0.00Update time unavailable
$0.10Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Spot referenceUpdate time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update time unavailable
$1.00Update 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 $4.49 per share after premium; the shares can keep falling.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 29, 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.