HPQ · Wheel

HP Inc. Common Stock (HPQ) wheel

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

$33.58
Modelled strike
$29.00
Modelled premium
$0.40
Cash required
$2,900.00
Breakeven
$28.60
Downside buffer
14.8%
Period return
1.4%
Annualized return
19.4%
Days to expiration
28
Strategy payoffModelled cash-secured put payoff. Spot $33.58. Expiry maximum profit $40.00 · Expiry maximum loss -$2,860.00 · Expiry breakevens $28.60. 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.

$16.79: Expiration P/L: -$1,181.00 Update time unavailable
Event / reference markers
  • Spot: $33.58
  • Expiry breakeven $28.60: $28.60
  • sell put strike $29.00: $29.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$1,181.00Update time unavailable
-$1,147.42Update time unavailable
-$1,113.84Update time unavailable
-$1,080.26Update time unavailable
-$1,046.68Update time unavailable
-$1,013.10Update time unavailable
-$979.52Update time unavailable
-$945.94Update time unavailable
-$912.36Update time unavailable
-$878.78Update time unavailable
-$845.20Update time unavailable
-$811.62Update time unavailable
-$778.04Update time unavailable
-$744.46Update time unavailable
-$710.88Update time unavailable
-$677.30Update time unavailable
-$643.72Update time unavailable
-$610.14Update time unavailable
-$576.56Update time unavailable
-$542.98Update time unavailable
-$509.40Update time unavailable
-$475.82Update time unavailable
-$442.24Update time unavailable
-$408.66Update time unavailable
-$375.08Update time unavailable
-$341.50Update time unavailable
-$307.92Update time unavailable
-$274.34Update time unavailable
-$240.76Update time unavailable
-$207.18Update time unavailable
-$173.60Update time unavailable
-$140.02Update time unavailable
-$106.44Update time unavailable
-$72.86Update time unavailable
-$39.28Update time unavailable
-$5.70Update time unavailable
-$0.00Update time unavailable
$27.88Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Spot referenceUpdate time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update time unavailable
$40.00Update 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 $28.60 per share after premium; the shares can keep falling.

Stage C would sell a $39.00 call for about $0.48, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 27, 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.