ELF · Wheel

e.l.f. Beauty, Inc. Common Stock (ELF) wheel

The cash-secured put → assigned shares → covered call cycle for this ticker.

$102.79
Modelled strike
$80.00
Modelled premium
$0.91
Cash required
$8,000.00
Breakeven
$79.09
Downside buffer
23.1%
Period return
1.1%
Annualized return
15.2%
Days to expiration
29
Strategy payoffModelled cash-secured put payoff. Spot $102.79. Expiry maximum profit $91.00 · Expiry maximum loss -$7,909.00 · Expiry breakevens $79.09. 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.

$51.395Expiration P/L -$2,769.50Update time unavailable
Event / reference markers
  • Spot: $102.79
  • Expiry breakeven $79.09: $79.09
  • sell put strike $80.00: $80.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$2,769.50Update time unavailable
-$2,666.71Update time unavailable
-$2,563.92Update time unavailable
-$2,461.13Update time unavailable
-$2,358.34Update time unavailable
-$2,255.55Update time unavailable
-$2,152.76Update time unavailable
-$2,049.97Update time unavailable
-$1,947.18Update time unavailable
-$1,844.39Update time unavailable
-$1,741.60Update time unavailable
-$1,638.81Update time unavailable
-$1,536.02Update time unavailable
-$1,433.23Update time unavailable
-$1,330.44Update time unavailable
-$1,227.65Update time unavailable
-$1,124.86Update time unavailable
-$1,022.07Update time unavailable
-$919.28Update time unavailable
-$816.49Update time unavailable
-$713.70Update time unavailable
-$610.91Update time unavailable
-$508.12Update time unavailable
-$405.33Update time unavailable
-$302.54Update time unavailable
-$199.75Update time unavailable
-$96.96Update time unavailable
$0.00Update time unavailable
$5.83Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Spot referenceUpdate time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update time unavailable
$91.00Update 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 $79.09 per share after premium; the shares can keep falling.

Stage C would sell a $125.00 call for about $2.07, 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.