GEMI · Wheel
Gemini Space Station, Inc. (GEMI) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $2.00
- Modelled premium
- $0.01
- Cash required
- $200.00
- Breakeven
- $1.99
- Downside buffer
- 30.7%
- Period return
- 0.6%
- Annualized return
- 18.1%
- Days to expiration
- 13
Update time unavailable
Loading graph — the exact table is available below.
$1.435: Expiration P/L: -$55.50 Update time unavailable
Event / reference markers
- Spot: $2.87
- Expiry breakeven $1.99: $1.99
- sell put strike $2.00: $2.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$55.50 | Update time unavailable | ||
| -$52.63 | Update time unavailable | ||
| -$49.76 | Update time unavailable | ||
| -$46.89 | Update time unavailable | ||
| -$44.02 | Update time unavailable | ||
| -$41.15 | Update time unavailable | ||
| -$38.28 | Update time unavailable | ||
| -$35.41 | Update time unavailable | ||
| -$32.54 | Update time unavailable | ||
| -$29.67 | Update time unavailable | ||
| -$26.80 | Update time unavailable | ||
| -$23.93 | Update time unavailable | ||
| -$21.06 | Update time unavailable | ||
| -$18.19 | Update time unavailable | ||
| -$15.32 | Update time unavailable | ||
| -$12.45 | Update time unavailable | ||
| -$9.58 | Update time unavailable | ||
| -$6.71 | Update time unavailable | ||
| -$3.84 | Update time unavailable | ||
| -$0.97 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Spot reference | Update time unavailable | |
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | Update time unavailable | ||
| $1.00 | 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 $1.99 per share after premium; the shares can keep falling.
Stage C would sell a $3.50 call for about $0.07, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 30, 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.