CIFR · Wheel
Cipher Digital Inc. (CIFR) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $7.00
- Modelled premium
- $0.12
- Cash required
- $700.00
- Breakeven
- $6.88
- Downside buffer
- 15.0%
- Period return
- 1.7%
- Annualized return
- 359.8%
- Days to expiration
- 4
Update time unavailable
Loading graph — the exact table is available below.
$4.05: Expiration P/L: -$283.00 Update time unavailable
Event / reference markers
- Spot: $8.10
- Expiry breakeven $6.88: $6.88
- sell put strike $7.00: $7.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$283.00 | Update time unavailable | ||
| -$274.90 | Update time unavailable | ||
| -$266.80 | Update time unavailable | ||
| -$258.70 | Update time unavailable | ||
| -$250.60 | Update time unavailable | ||
| -$242.50 | Update time unavailable | ||
| -$234.40 | Update time unavailable | ||
| -$226.30 | Update time unavailable | ||
| -$218.20 | Update time unavailable | ||
| -$210.10 | Update time unavailable | ||
| -$202.00 | Update time unavailable | ||
| -$193.90 | Update time unavailable | ||
| -$185.80 | Update time unavailable | ||
| -$177.70 | Update time unavailable | ||
| -$169.60 | Update time unavailable | ||
| -$161.50 | Update time unavailable | ||
| -$153.40 | Update time unavailable | ||
| -$145.30 | Update time unavailable | ||
| -$137.20 | Update time unavailable | ||
| -$129.10 | Update time unavailable | ||
| -$121.00 | Update time unavailable | ||
| -$112.90 | Update time unavailable | ||
| -$104.80 | Update time unavailable | ||
| -$96.70 | Update time unavailable | ||
| -$88.60 | Update time unavailable | ||
| -$80.50 | Update time unavailable | ||
| -$72.40 | Update time unavailable | ||
| -$64.30 | Update time unavailable | ||
| -$56.20 | Update time unavailable | ||
| -$48.10 | Update time unavailable | ||
| -$40.00 | Update time unavailable | ||
| -$31.90 | Update time unavailable | ||
| -$23.80 | Update time unavailable | ||
| -$15.70 | Update time unavailable | ||
| -$7.60 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $0.50 | Update time unavailable | ||
| $8.60 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Spot reference | Update time unavailable | |
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | Update time unavailable | ||
| $12.00 | 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 $6.88 per share after premium; the shares can keep falling.
Stage C would sell a $9.50 call for about $0.12, lowering the effective basis further.
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.