MELI · Wheel

MercadoLibre, Inc. (MELI) wheel

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

$1,673.09
Modelled strike
$1,525.00
Modelled premium
$10.31
Cash required
$152,500.00
Breakeven
$1,514.69
Downside buffer
9.5%
Period return
0.7%
Annualized return
42.1%
Days to expiration
7
Strategy payoffModelled cash-secured put payoff. Spot $1,673.09. Expiry maximum profit $1,031.00 · Expiry maximum loss -$151,469.00 · Expiry breakevens $1,514.69. 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.

$836.545: Expiration P/L: -$67,814.50 Update time unavailable
Event / reference markers
  • Spot: $1,673.09
  • Expiry breakeven $1,514.69: $1,514.69
  • sell put strike $1,525.00: $1,525.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$67,814.50Update time unavailable
-$66,141.41Update time unavailable
-$64,468.32Update time unavailable
-$62,795.23Update time unavailable
-$61,122.14Update time unavailable
-$59,449.05Update time unavailable
-$57,775.96Update time unavailable
-$56,102.87Update time unavailable
-$54,429.78Update time unavailable
-$52,756.69Update time unavailable
-$51,083.60Update time unavailable
-$49,410.51Update time unavailable
-$47,737.42Update time unavailable
-$46,064.33Update time unavailable
-$44,391.24Update time unavailable
-$42,718.15Update time unavailable
-$41,045.06Update time unavailable
-$39,371.97Update time unavailable
-$37,698.88Update time unavailable
-$36,025.79Update time unavailable
-$34,352.70Update time unavailable
-$32,679.61Update time unavailable
-$31,006.52Update time unavailable
-$29,333.43Update time unavailable
-$27,660.34Update time unavailable
-$25,987.25Update time unavailable
-$24,314.16Update time unavailable
-$22,641.07Update time unavailable
-$20,967.98Update time unavailable
-$19,294.89Update time unavailable
-$17,621.80Update time unavailable
-$15,948.71Update time unavailable
-$14,275.62Update time unavailable
-$12,602.53Update time unavailable
-$10,929.44Update time unavailable
-$9,256.35Update time unavailable
-$7,583.26Update time unavailable
-$5,910.17Update time unavailable
-$4,237.08Update time unavailable
-$2,563.99Update time unavailable
-$890.90Update time unavailable
$0.00Update time unavailable
$782.19Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Spot referenceUpdate time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update time unavailable
$1,031.00Update 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 $1,514.69 per share after premium; the shares can keep falling.

Stage C would sell a $1,820.00 call for about $14.01, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 28, 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.