DVN · Wheel
Devon Energy Corporation Common Stock (DVN) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $43.00
- Modelled premium
- $0.36
- Cash required
- $4,300.00
- Breakeven
- $42.64
- Downside buffer
- 11.2%
- Period return
- 0.8%
- Annualized return
- 11.1%
- Days to expiration
- 29
Update time unavailable
Loading graph — the exact table is available below.
$24.01Expiration P/L -$1,863.00Update time unavailable
Event / reference markers
- Spot: $48.02
- Expiry breakeven $42.64: $42.64
- sell put strike $43.00: $43.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$1,863.00 | Update time unavailable | ||
| -$1,814.98 | Update time unavailable | ||
| -$1,766.96 | Update time unavailable | ||
| -$1,718.94 | Update time unavailable | ||
| -$1,670.92 | Update time unavailable | ||
| -$1,622.90 | Update time unavailable | ||
| -$1,574.88 | Update time unavailable | ||
| -$1,526.86 | Update time unavailable | ||
| -$1,478.84 | Update time unavailable | ||
| -$1,430.82 | Update time unavailable | ||
| -$1,382.80 | Update time unavailable | ||
| -$1,334.78 | Update time unavailable | ||
| -$1,286.76 | Update time unavailable | ||
| -$1,238.74 | Update time unavailable | ||
| -$1,190.72 | Update time unavailable | ||
| -$1,142.70 | Update time unavailable | ||
| -$1,094.68 | Update time unavailable | ||
| -$1,046.66 | Update time unavailable | ||
| -$998.64 | Update time unavailable | ||
| -$950.62 | Update time unavailable | ||
| -$902.60 | Update time unavailable | ||
| -$854.58 | Update time unavailable | ||
| -$806.56 | Update time unavailable | ||
| -$758.54 | Update time unavailable | ||
| -$710.52 | Update time unavailable | ||
| -$662.50 | Update time unavailable | ||
| -$614.48 | Update time unavailable | ||
| -$566.46 | Update time unavailable | ||
| -$518.44 | Update time unavailable | ||
| -$470.42 | Update time unavailable | ||
| -$422.40 | Update time unavailable | ||
| -$374.38 | Update time unavailable | ||
| -$326.36 | Update time unavailable | ||
| -$278.34 | Update time unavailable | ||
| -$230.32 | Update time unavailable | ||
| -$182.30 | Update time unavailable | ||
| -$134.28 | Update time unavailable | ||
| -$86.26 | Update time unavailable | ||
| -$38.24 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $9.78 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Spot reference | Update time unavailable | |
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | Update time unavailable | ||
| $36.00 | 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 $42.64 per share after premium; the shares can keep falling.
Stage C would sell a $53.00 call for about $0.55, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 6, 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.