SLB · Wheel

SLB Limited Common Shares (SLB) wheel

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

$47.96
Modelled strike
$44.00
Modelled premium
$0.25
Cash required
$4,400.00
Breakeven
$43.75
Downside buffer
8.8%
Period return
0.6%
Annualized return
13.8%
Days to expiration
16
Strategy payoffModelled cash-secured put payoff. Spot $47.96. Expiry maximum profit $25.00 · Expiry maximum loss -$4,375.00 · Expiry breakevens $43.75. 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.

$23.98Expiration P/L -$1,977.00Update time unavailable
Event / reference markers
  • Spot: $47.96
  • Expiry breakeven $43.75: $43.75
  • sell put strike $44.00: $44.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$1,977.00Update time unavailable
-$1,929.04Update time unavailable
-$1,881.08Update time unavailable
-$1,833.12Update time unavailable
-$1,785.16Update time unavailable
-$1,737.20Update time unavailable
-$1,689.24Update time unavailable
-$1,641.28Update time unavailable
-$1,593.32Update time unavailable
-$1,545.36Update time unavailable
-$1,497.40Update time unavailable
-$1,449.44Update time unavailable
-$1,401.48Update time unavailable
-$1,353.52Update time unavailable
-$1,305.56Update time unavailable
-$1,257.60Update time unavailable
-$1,209.64Update time unavailable
-$1,161.68Update time unavailable
-$1,113.72Update time unavailable
-$1,065.76Update time unavailable
-$1,017.80Update time unavailable
-$969.84Update time unavailable
-$921.88Update time unavailable
-$873.92Update time unavailable
-$825.96Update time unavailable
-$778.00Update time unavailable
-$730.04Update time unavailable
-$682.08Update time unavailable
-$634.12Update time unavailable
-$586.16Update time unavailable
-$538.20Update time unavailable
-$490.24Update time unavailable
-$442.28Update time unavailable
-$394.32Update time unavailable
-$346.36Update time unavailable
-$298.40Update time unavailable
-$250.44Update time unavailable
-$202.48Update time unavailable
-$154.52Update time unavailable
-$106.56Update time unavailable
-$58.60Update time unavailable
-$10.64Update time unavailable
$0.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Spot referenceUpdate time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update time unavailable
$25.00Update 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 $43.75 per share after premium; the shares can keep falling.

Stage C would sell a $52.00 call for about $0.34, 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.