MSTR · Wheel
Strategy Inc (MSTR) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $130.00
- Modelled premium
- $1.47
- Cash required
- $13,000.00
- Breakeven
- $128.53
- Downside buffer
- 16.2%
- Period return
- 1.1%
- Annualized return
- 20.5%
- Days to expiration
- 22
Update time unavailable
Loading graph — the exact table is available below.
$76.685Expiration P/L -$5,184.50Update time unavailable
Event / reference markers
- Spot: $153.37
- Expiry breakeven $128.53: $128.53
- sell put strike $130.00: $130.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$5,184.50 | Update time unavailable | ||
| -$5,031.13 | Update time unavailable | ||
| -$4,877.76 | Update time unavailable | ||
| -$4,724.39 | Update time unavailable | ||
| -$4,571.02 | Update time unavailable | ||
| -$4,417.65 | Update time unavailable | ||
| -$4,264.28 | Update time unavailable | ||
| -$4,110.91 | Update time unavailable | ||
| -$3,957.54 | Update time unavailable | ||
| -$3,804.17 | Update time unavailable | ||
| -$3,650.80 | Update time unavailable | ||
| -$3,497.43 | Update time unavailable | ||
| -$3,344.06 | Update time unavailable | ||
| -$3,190.69 | Update time unavailable | ||
| -$3,037.32 | Update time unavailable | ||
| -$2,883.95 | Update time unavailable | ||
| -$2,730.58 | Update time unavailable | ||
| -$2,577.21 | Update time unavailable | ||
| -$2,423.84 | Update time unavailable | ||
| -$2,270.47 | Update time unavailable | ||
| -$2,117.10 | Update time unavailable | ||
| -$1,963.73 | Update time unavailable | ||
| -$1,810.36 | Update time unavailable | ||
| -$1,656.99 | Update time unavailable | ||
| -$1,503.62 | Update time unavailable | ||
| -$1,350.25 | Update time unavailable | ||
| -$1,196.88 | Update time unavailable | ||
| -$1,043.51 | Update time unavailable | ||
| -$890.14 | Update time unavailable | ||
| -$736.77 | Update time unavailable | ||
| -$583.40 | Update time unavailable | ||
| -$430.03 | Update time unavailable | ||
| -$276.66 | Update time unavailable | ||
| -$123.29 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $30.08 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Spot reference | Update time unavailable | |
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | Update time unavailable | ||
| $147.00 | 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 $128.53 per share after premium; the shares can keep falling.
Stage C would sell a $175.00 call for about $2.74, 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.