ONON · Wheel
On Holding AG Class A Ordinary Shares (ONON) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $28.00
- Modelled premium
- $0.32
- Cash required
- $2,800.00
- Breakeven
- $27.68
- Downside buffer
- 16.7%
- Period return
- 1.2%
- Annualized return
- 12.8%
- Days to expiration
- 35
Update time unavailable
Loading graph — the exact table is available below.
$16.61Expiration P/L -$1,107.00Update time unavailable
Event / reference markers
- Spot: $33.22
- Expiry breakeven $27.68: $27.68
- sell put strike $28.00: $28.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$1,107.00 | Update time unavailable | ||
| -$1,073.78 | Update time unavailable | ||
| -$1,040.56 | Update time unavailable | ||
| -$1,007.34 | Update time unavailable | ||
| -$974.12 | Update time unavailable | ||
| -$940.90 | Update time unavailable | ||
| -$907.68 | Update time unavailable | ||
| -$874.46 | Update time unavailable | ||
| -$841.24 | Update time unavailable | ||
| -$808.02 | Update time unavailable | ||
| -$774.80 | Update time unavailable | ||
| -$741.58 | Update time unavailable | ||
| -$708.36 | Update time unavailable | ||
| -$675.14 | Update time unavailable | ||
| -$641.92 | Update time unavailable | ||
| -$608.70 | Update time unavailable | ||
| -$575.48 | Update time unavailable | ||
| -$542.26 | Update time unavailable | ||
| -$509.04 | Update time unavailable | ||
| -$475.82 | Update time unavailable | ||
| -$442.60 | Update time unavailable | ||
| -$409.38 | Update time unavailable | ||
| -$376.16 | Update time unavailable | ||
| -$342.94 | Update time unavailable | ||
| -$309.72 | Update time unavailable | ||
| -$276.50 | Update time unavailable | ||
| -$243.28 | Update time unavailable | ||
| -$210.06 | Update time unavailable | ||
| -$176.84 | Update time unavailable | ||
| -$143.62 | Update time unavailable | ||
| -$110.40 | Update time unavailable | ||
| -$77.18 | Update time unavailable | ||
| -$43.96 | Update time unavailable | ||
| -$10.74 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $22.48 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Spot reference | Update time unavailable | |
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | Update time unavailable | ||
| $32.00 | 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 $27.68 per share after premium; the shares can keep falling.
Stage C would sell a $38.00 call for about $0.64, 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.