NET · Wheel
Cloudflare, Inc. Class A Common Stock (NET) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $305.00
- Modelled premium
- $3.13
- Cash required
- $30,500.00
- Breakeven
- $301.87
- Downside buffer
- 15.0%
- Period return
- 1.0%
- Annualized return
- 17.6%
- Days to expiration
- 23
Update time unavailable
Loading graph — the exact table is available below.
$177.505Expiration P/L -$12,436.50Update time unavailable
Event / reference markers
- Spot: $355.01
- Expiry breakeven $301.87: $301.87
- sell put strike $305.00: $305.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$12,436.50 | Update time unavailable | ||
| -$12,081.49 | Update time unavailable | ||
| -$11,726.48 | Update time unavailable | ||
| -$11,371.47 | Update time unavailable | ||
| -$11,016.46 | Update time unavailable | ||
| -$10,661.45 | Update time unavailable | ||
| -$10,306.44 | Update time unavailable | ||
| -$9,951.43 | Update time unavailable | ||
| -$9,596.42 | Update time unavailable | ||
| -$9,241.41 | Update time unavailable | ||
| -$8,886.40 | Update time unavailable | ||
| -$8,531.39 | Update time unavailable | ||
| -$8,176.38 | Update time unavailable | ||
| -$7,821.37 | Update time unavailable | ||
| -$7,466.36 | Update time unavailable | ||
| -$7,111.35 | Update time unavailable | ||
| -$6,756.34 | Update time unavailable | ||
| -$6,401.33 | Update time unavailable | ||
| -$6,046.32 | Update time unavailable | ||
| -$5,691.31 | Update time unavailable | ||
| -$5,336.30 | Update time unavailable | ||
| -$4,981.29 | Update time unavailable | ||
| -$4,626.28 | Update time unavailable | ||
| -$4,271.27 | Update time unavailable | ||
| -$3,916.26 | Update time unavailable | ||
| -$3,561.25 | Update time unavailable | ||
| -$3,206.24 | Update time unavailable | ||
| -$2,851.23 | Update time unavailable | ||
| -$2,496.22 | Update time unavailable | ||
| -$2,141.21 | Update time unavailable | ||
| -$1,786.20 | Update time unavailable | ||
| -$1,431.19 | Update time unavailable | ||
| -$1,076.18 | Update time unavailable | ||
| -$721.17 | Update time unavailable | ||
| -$366.16 | Update time unavailable | ||
| -$11.15 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Spot reference | Update time unavailable | |
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | Update time unavailable | ||
| $313.00 | 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 $301.87 per share after premium; the shares can keep falling.
Stage C would sell a $405.00 call for about $5.08, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 6, 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.