MPC · Wheel
Marathon Petroleum Corporation Common Stock (MPC) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $380.00
- Modelled premium
- $3.97
- Cash required
- $38,000.00
- Breakeven
- $376.03
- Downside buffer
- 15.0%
- Period return
- 1.0%
- Annualized return
- 15.1%
- Days to expiration
- 27
Update time unavailable
Loading graph — the exact table is available below.
$221.13Expiration P/L -$15,490.00Update time unavailable
Event / reference markers
- Spot: $442.26
- Expiry breakeven $376.03: $376.03
- sell put strike $380.00: $380.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$15,490.00 | Update time unavailable | ||
| -$15,047.74 | Update time unavailable | ||
| -$14,605.48 | Update time unavailable | ||
| -$14,163.22 | Update time unavailable | ||
| -$13,720.96 | Update time unavailable | ||
| -$13,278.70 | Update time unavailable | ||
| -$12,836.44 | Update time unavailable | ||
| -$12,394.18 | Update time unavailable | ||
| -$11,951.92 | Update time unavailable | ||
| -$11,509.66 | Update time unavailable | ||
| -$11,067.40 | Update time unavailable | ||
| -$10,625.14 | Update time unavailable | ||
| -$10,182.88 | Update time unavailable | ||
| -$9,740.62 | Update time unavailable | ||
| -$9,298.36 | Update time unavailable | ||
| -$8,856.10 | Update time unavailable | ||
| -$8,413.84 | Update time unavailable | ||
| -$7,971.58 | Update time unavailable | ||
| -$7,529.32 | Update time unavailable | ||
| -$7,087.06 | Update time unavailable | ||
| -$6,644.80 | Update time unavailable | ||
| -$6,202.54 | Update time unavailable | ||
| -$5,760.28 | Update time unavailable | ||
| -$5,318.02 | Update time unavailable | ||
| -$4,875.76 | Update time unavailable | ||
| -$4,433.50 | Update time unavailable | ||
| -$3,991.24 | Update time unavailable | ||
| -$3,548.98 | Update time unavailable | ||
| -$3,106.72 | Update time unavailable | ||
| -$2,664.46 | Update time unavailable | ||
| -$2,222.20 | Update time unavailable | ||
| -$1,779.94 | Update time unavailable | ||
| -$1,337.68 | Update time unavailable | ||
| -$895.42 | Update time unavailable | ||
| -$453.16 | Update time unavailable | ||
| -$10.90 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Spot reference | Update time unavailable | |
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | Update time unavailable | ||
| $397.00 | 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 $376.03 per share after premium; the shares can keep falling.
Stage C would sell a $505.00 call for about $6.43, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 7, 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.