FRO · Wheel

Frontline Plc Ordinary Shares (FRO) wheel

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

$56.55
Modelled strike
$48.00
Modelled premium
$0.53
Cash required
$4,800.00
Breakeven
$47.47
Downside buffer
16.1%
Period return
1.1%
Annualized return
20.0%
Days to expiration
22
Strategy payoffModelled cash-secured put payoff. Spot $56.55. Expiry maximum profit $53.00 · Expiry maximum loss -$4,747.00 · Expiry breakevens $47.47. 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.

$28.275: Expiration P/L: -$1,919.50 Update time unavailable
Event / reference markers
  • Spot: $56.55
  • Expiry breakeven $47.47: $47.47
  • sell put strike $48.00: $48.00
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$1,919.50Update time unavailable
-$1,862.95Update time unavailable
-$1,806.40Update time unavailable
-$1,749.85Update time unavailable
-$1,693.30Update time unavailable
-$1,636.75Update time unavailable
-$1,580.20Update time unavailable
-$1,523.65Update time unavailable
-$1,467.10Update time unavailable
-$1,410.55Update time unavailable
-$1,354.00Update time unavailable
-$1,297.45Update time unavailable
-$1,240.90Update time unavailable
-$1,184.35Update time unavailable
-$1,127.80Update time unavailable
-$1,071.25Update time unavailable
-$1,014.70Update time unavailable
-$958.15Update time unavailable
-$901.60Update time unavailable
-$845.05Update time unavailable
-$788.50Update time unavailable
-$731.95Update time unavailable
-$675.40Update time unavailable
-$618.85Update time unavailable
-$562.30Update time unavailable
-$505.75Update time unavailable
-$449.20Update time unavailable
-$392.65Update time unavailable
-$336.10Update time unavailable
-$279.55Update time unavailable
-$223.00Update time unavailable
-$166.45Update time unavailable
-$109.90Update time unavailable
-$53.35Update time unavailable
-$0.00Update time unavailable
$3.20Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Spot referenceUpdate time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update 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 $47.47 per share after premium; the shares can keep falling.

Stage C would sell a $65.00 call for about $0.90, 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.