BULL · Cash-Secured-Puts

Webull Corporation (BULL) cash-secured puts

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

$5.33
Modelled strike
$4.50
Modelled premium
$0.06
Cash required
$450.00
Breakeven
$4.44
Downside buffer
16.6%
Period return
1.3%
Annualized return
24.5%
Days to expiration
21
Strategy payoffModelled cash-secured put payoff. Spot $5.33. Expiry maximum profit $6.00 · Expiry maximum loss -$444.00 · Expiry breakevens $4.44. 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.

$2.665: Expiration P/L: -$177.50 Update time unavailable
Event / reference markers
  • Spot: $5.33
  • Expiry breakeven $4.44: $4.44
  • 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
-$177.50Update time unavailable
-$172.17Update time unavailable
-$166.84Update time unavailable
-$161.51Update time unavailable
-$156.18Update time unavailable
-$150.85Update time unavailable
-$145.52Update time unavailable
-$140.19Update time unavailable
-$134.86Update time unavailable
-$129.53Update time unavailable
-$124.20Update time unavailable
-$118.87Update time unavailable
-$113.54Update time unavailable
-$108.21Update time unavailable
-$102.88Update time unavailable
-$97.55Update time unavailable
-$92.22Update time unavailable
-$86.89Update time unavailable
-$81.56Update time unavailable
-$76.23Update time unavailable
-$70.90Update time unavailable
-$65.57Update time unavailable
-$60.24Update time unavailable
-$54.91Update time unavailable
-$49.58Update time unavailable
-$44.25Update time unavailable
-$38.92Update time unavailable
-$33.59Update time unavailable
-$28.26Update time unavailable
-$22.93Update time unavailable
-$17.60Update time unavailable
-$12.27Update time unavailable
-$6.94Update time unavailable
-$1.61Update time unavailable
$0.00Update time unavailable
$3.72Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Spot referenceUpdate time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update time unavailable
$6.00Update 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 $4.44 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.