LI · Wheel

Li Auto Inc. (LI) wheel

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

$11.14
Modelled strike
$9.50
Modelled premium
$0.07
Cash required
$950.00
Breakeven
$9.43
Downside buffer
15.3%
Period return
0.7%
Annualized return
10.2%
Days to expiration
27
Strategy payoffModelled cash-secured put payoff. Spot $11.14. Expiry maximum profit $7.00 · Expiry maximum loss -$943.00 · Expiry breakevens $9.43. 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.

$5.57: Expiration P/L: -$386.00 Update time unavailable
Event / reference markers
  • Spot: $11.14
  • Expiry breakeven $9.43: $9.43
  • sell put strike $9.50: $9.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$386.00Update time unavailable
-$374.86Update time unavailable
-$363.72Update time unavailable
-$352.58Update time unavailable
-$341.44Update time unavailable
-$330.30Update time unavailable
-$319.16Update time unavailable
-$308.02Update time unavailable
-$296.88Update time unavailable
-$285.74Update time unavailable
-$274.60Update time unavailable
-$263.46Update time unavailable
-$252.32Update time unavailable
-$241.18Update time unavailable
-$230.04Update time unavailable
-$218.90Update time unavailable
-$207.76Update time unavailable
-$196.62Update time unavailable
-$185.48Update time unavailable
-$174.34Update time unavailable
-$163.20Update time unavailable
-$152.06Update time unavailable
-$140.92Update time unavailable
-$129.78Update time unavailable
-$118.64Update time unavailable
-$107.50Update time unavailable
-$96.36Update time unavailable
-$85.22Update time unavailable
-$74.08Update time unavailable
-$62.94Update time unavailable
-$51.80Update time unavailable
-$40.66Update time unavailable
-$29.52Update time unavailable
-$18.38Update time unavailable
-$7.24Update time unavailable
-$0.00Update time unavailable
$3.90Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Spot referenceUpdate time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update 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 $9.43 per share after premium; the shares can keep falling.

Stage C would sell a $12.50 call for about $0.17, 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.