COP · Wheel
ConocoPhillips Common Stock (COP) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $120.00
- Modelled premium
- $1.19
- Cash required
- $12,000.00
- Breakeven
- $118.81
- Downside buffer
- 8.5%
- Period return
- 1.0%
- Annualized return
- 13.2%
- Days to expiration
- 29
Update time unavailable
Loading graph — the exact table is available below.
$64.92Expiration P/L -$5,389.00Update time unavailable
Event / reference markers
- Spot: $129.84
- Expiry breakeven $118.81: $118.81
- sell put strike $120.00: $120.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$5,389.00 | Update time unavailable | ||
| -$5,259.16 | Update time unavailable | ||
| -$5,129.32 | Update time unavailable | ||
| -$4,999.48 | Update time unavailable | ||
| -$4,869.64 | Update time unavailable | ||
| -$4,739.80 | Update time unavailable | ||
| -$4,609.96 | Update time unavailable | ||
| -$4,480.12 | Update time unavailable | ||
| -$4,350.28 | Update time unavailable | ||
| -$4,220.44 | Update time unavailable | ||
| -$4,090.60 | Update time unavailable | ||
| -$3,960.76 | Update time unavailable | ||
| -$3,830.92 | Update time unavailable | ||
| -$3,701.08 | Update time unavailable | ||
| -$3,571.24 | Update time unavailable | ||
| -$3,441.40 | Update time unavailable | ||
| -$3,311.56 | Update time unavailable | ||
| -$3,181.72 | Update time unavailable | ||
| -$3,051.88 | Update time unavailable | ||
| -$2,922.04 | Update time unavailable | ||
| -$2,792.20 | Update time unavailable | ||
| -$2,662.36 | Update time unavailable | ||
| -$2,532.52 | Update time unavailable | ||
| -$2,402.68 | Update time unavailable | ||
| -$2,272.84 | Update time unavailable | ||
| -$2,143.00 | Update time unavailable | ||
| -$2,013.16 | Update time unavailable | ||
| -$1,883.32 | Update time unavailable | ||
| -$1,753.48 | Update time unavailable | ||
| -$1,623.64 | Update time unavailable | ||
| -$1,493.80 | Update time unavailable | ||
| -$1,363.96 | Update time unavailable | ||
| -$1,234.12 | Update time unavailable | ||
| -$1,104.28 | Update time unavailable | ||
| -$974.44 | Update time unavailable | ||
| -$844.60 | Update time unavailable | ||
| -$714.76 | Update time unavailable | ||
| -$584.92 | Update time unavailable | ||
| -$455.08 | Update time unavailable | ||
| -$325.24 | Update time unavailable | ||
| -$195.40 | Update time unavailable | ||
| -$65.56 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $64.28 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Spot reference | Update time unavailable | |
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $119.00 | 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 $118.81 per share after premium; the shares can keep falling.
Stage C would sell a $140.00 call for about $1.55, 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.