JNJ · Wheel
Johnson & Johnson Common Stock (JNJ) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $250.00
- Modelled premium
- $0.48
- Cash required
- $25,000.00
- Breakeven
- $249.52
- Downside buffer
- 4.6%
- Period return
- 0.2%
- Annualized return
- 19.3%
- Days to expiration
- 4
Update time unavailable
Loading graph — the exact table is available below.
$130.72Expiration P/L -$11,880.00Update time unavailable
Event / reference markers
- Spot: $261.44
- Expiry breakeven $249.52: $249.52
- sell put strike $250.00: $250.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$11,880.00 | Update time unavailable | ||
| -$11,618.56 | Update time unavailable | ||
| -$11,357.12 | Update time unavailable | ||
| -$11,095.68 | Update time unavailable | ||
| -$10,834.24 | Update time unavailable | ||
| -$10,572.80 | Update time unavailable | ||
| -$10,311.36 | Update time unavailable | ||
| -$10,049.92 | Update time unavailable | ||
| -$9,788.48 | Update time unavailable | ||
| -$9,527.04 | Update time unavailable | ||
| -$9,265.60 | Update time unavailable | ||
| -$9,004.16 | Update time unavailable | ||
| -$8,742.72 | Update time unavailable | ||
| -$8,481.28 | Update time unavailable | ||
| -$8,219.84 | Update time unavailable | ||
| -$7,958.40 | Update time unavailable | ||
| -$7,696.96 | Update time unavailable | ||
| -$7,435.52 | Update time unavailable | ||
| -$7,174.08 | Update time unavailable | ||
| -$6,912.64 | Update time unavailable | ||
| -$6,651.20 | Update time unavailable | ||
| -$6,389.76 | Update time unavailable | ||
| -$6,128.32 | Update time unavailable | ||
| -$5,866.88 | Update time unavailable | ||
| -$5,605.44 | Update time unavailable | ||
| -$5,344.00 | Update time unavailable | ||
| -$5,082.56 | Update time unavailable | ||
| -$4,821.12 | Update time unavailable | ||
| -$4,559.68 | Update time unavailable | ||
| -$4,298.24 | Update time unavailable | ||
| -$4,036.80 | Update time unavailable | ||
| -$3,775.36 | Update time unavailable | ||
| -$3,513.92 | Update time unavailable | ||
| -$3,252.48 | Update time unavailable | ||
| -$2,991.04 | Update time unavailable | ||
| -$2,729.60 | Update time unavailable | ||
| -$2,468.16 | Update time unavailable | ||
| -$2,206.72 | Update time unavailable | ||
| -$1,945.28 | Update time unavailable | ||
| -$1,683.84 | Update time unavailable | ||
| -$1,422.40 | Update time unavailable | ||
| -$1,160.96 | Update time unavailable | ||
| -$899.52 | Update time unavailable | ||
| -$638.08 | Update time unavailable | ||
| -$376.64 | Update time unavailable | ||
| -$115.20 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Spot reference | Update time unavailable | |
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | Update time unavailable | ||
| $48.00 | 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 $249.52 per share after premium; the shares can keep falling.
Stage C would sell a $270.00 call for about $1.03, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 9, 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.