FSLY · Wheel

Fastly, Inc. (FSLY) wheel

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

$25.28
Modelled strike
$18.00
Modelled premium
$0.34
Cash required
$1,800.00
Breakeven
$17.66
Downside buffer
30.1%
Period return
1.9%
Annualized return
27.7%
Days to expiration
28
Strategy payoffModelled cash-secured put payoff. Spot $25.28. Expiry maximum profit $34.00 · Expiry maximum loss -$1,766.00 · Expiry breakevens $17.66. 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.

$12.64Expiration P/L -$502.00Update time unavailable
Event / reference markers
  • Spot: $25.28
  • Expiry breakeven $17.66: $17.66
  • sell put strike $18.00: $18.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$502.00Update time unavailable
-$476.72Update time unavailable
-$451.44Update time unavailable
-$426.16Update time unavailable
-$400.88Update time unavailable
-$375.60Update time unavailable
-$350.32Update time unavailable
-$325.04Update time unavailable
-$299.76Update time unavailable
-$274.48Update time unavailable
-$249.20Update time unavailable
-$223.92Update time unavailable
-$198.64Update time unavailable
-$173.36Update time unavailable
-$148.08Update time unavailable
-$122.80Update time unavailable
-$97.52Update time unavailable
-$72.24Update time unavailable
-$46.96Update time unavailable
-$21.68Update time unavailable
$0.00Update time unavailable
$3.60Update time unavailable
$28.88Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Spot referenceUpdate time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update time unavailable
$34.00Update 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 $17.66 per share after premium; the shares can keep falling.

Stage C would sell a $33.00 call for about $0.79, 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.