JD · Wheel

JD.com, Inc. (JD) wheel

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

$25.63
Modelled strike
$24.00
Modelled premium
$0.15
Cash required
$2,400.00
Breakeven
$23.85
Downside buffer
6.9%
Period return
0.6%
Annualized return
17.6%
Days to expiration
14
Strategy payoffModelled cash-secured put payoff. Spot $25.63. Expiry maximum profit $15.00 · Expiry maximum loss -$2,385.00 · Expiry breakevens $23.85. 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.

$12.815: Expiration P/L: -$1,103.50 Update time unavailable
Event / reference markers
  • Spot: $25.63
  • Expiry breakeven $23.85: $23.85
  • sell put strike $24.00: $24.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$1,103.50Update time unavailable
-$1,077.87Update time unavailable
-$1,052.24Update time unavailable
-$1,026.61Update time unavailable
-$1,000.98Update time unavailable
-$975.35Update time unavailable
-$949.72Update time unavailable
-$924.09Update time unavailable
-$898.46Update time unavailable
-$872.83Update time unavailable
-$847.20Update time unavailable
-$821.57Update time unavailable
-$795.94Update time unavailable
-$770.31Update time unavailable
-$744.68Update time unavailable
-$719.05Update time unavailable
-$693.42Update time unavailable
-$667.79Update time unavailable
-$642.16Update time unavailable
-$616.53Update time unavailable
-$590.90Update time unavailable
-$565.27Update time unavailable
-$539.64Update time unavailable
-$514.01Update time unavailable
-$488.38Update time unavailable
-$462.75Update time unavailable
-$437.12Update time unavailable
-$411.49Update time unavailable
-$385.86Update time unavailable
-$360.23Update time unavailable
-$334.60Update time unavailable
-$308.97Update time unavailable
-$283.34Update time unavailable
-$257.71Update time unavailable
-$232.08Update time unavailable
-$206.45Update time unavailable
-$180.82Update time unavailable
-$155.19Update time unavailable
-$129.56Update time unavailable
-$103.93Update time unavailable
-$78.30Update time unavailable
-$52.67Update time unavailable
-$27.04Update time unavailable
-$1.41Update time unavailable
$0.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Spot referenceUpdate time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update time unavailable
$15.00Update 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 $23.85 per share after premium; the shares can keep falling.

Stage C would sell a $27.00 call for about $0.24, 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.