ONDS · Wheel

Ondas Inc (ONDS) wheel

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

$6.73
Modelled strike
$5.00
Modelled premium
$0.05
Cash required
$500.00
Breakeven
$4.95
Downside buffer
26.5%
Period return
1.0%
Annualized return
11.4%
Days to expiration
34
Strategy payoffModelled cash-secured put payoff. Spot $6.73. Expiry maximum profit $5.00 · Expiry maximum loss -$495.00 · Expiry breakevens $4.95. 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.

$3.365Expiration P/L -$158.50Update time unavailable
Event / reference markers
  • Spot: $6.73
  • Expiry breakeven $4.95: $4.95
  • sell put strike $5.00: $5.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$158.50Update time unavailable
-$151.77Update time unavailable
-$145.04Update time unavailable
-$138.31Update time unavailable
-$131.58Update time unavailable
-$124.85Update time unavailable
-$118.12Update time unavailable
-$111.39Update time unavailable
-$104.66Update time unavailable
-$97.93Update time unavailable
-$91.20Update time unavailable
-$84.47Update time unavailable
-$77.74Update time unavailable
-$71.01Update time unavailable
-$64.28Update time unavailable
-$57.55Update time unavailable
-$50.82Update time unavailable
-$44.09Update time unavailable
-$37.36Update time unavailable
-$30.63Update time unavailable
-$23.90Update time unavailable
-$17.17Update time unavailable
-$10.44Update time unavailable
-$3.71Update time unavailable
$0.00Update time unavailable
$3.02Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Spot referenceUpdate time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update time unavailable
$5.00Update 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 $4.95 per share after premium; the shares can keep falling.

Stage C would sell a $8.00 call for about $0.21, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 9, 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.