SLS · Covered-Calls

SELLAS Life Sciences Group, Inc. (SLS) covered calls

A modelled covered call from the published implied volatility, with premium yield and capped upside.

$10.16
Modelled strike
$13.50
Modelled premium
$0.43
Premium yield
4.2%
Annualized premium yield
220.4%
Breakeven
$9.73
Downside protection
4.2%
Days to expiration
13
Strategy payoffModelled covered call payoff. Spot $10.16. Expiry maximum profit $377.00 · Expiry maximum loss -$973.00 · Expiry breakevens $9.73. 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.

$5.08: Expiration P/L: -$465.00 Update time unavailable
Event / reference markers
  • Spot: $10.16
  • Expiry breakeven $9.73: $9.73
  • sell call strike $13.50: $13.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$465.00Update time unavailable
-$454.84Update time unavailable
-$444.68Update time unavailable
-$434.52Update time unavailable
-$424.36Update time unavailable
-$414.20Update time unavailable
-$404.04Update time unavailable
-$393.88Update time unavailable
-$383.72Update time unavailable
-$373.56Update time unavailable
-$363.40Update time unavailable
-$353.24Update time unavailable
-$343.08Update time unavailable
-$332.92Update time unavailable
-$322.76Update time unavailable
-$312.60Update time unavailable
-$302.44Update time unavailable
-$292.28Update time unavailable
-$282.12Update time unavailable
-$271.96Update time unavailable
-$261.80Update time unavailable
-$251.64Update time unavailable
-$241.48Update time unavailable
-$231.32Update time unavailable
-$221.16Update time unavailable
-$211.00Update time unavailable
-$200.84Update time unavailable
-$190.68Update time unavailable
-$180.52Update time unavailable
-$170.36Update time unavailable
-$160.20Update time unavailable
-$150.04Update time unavailable
-$139.88Update time unavailable
-$129.72Update time unavailable
-$119.56Update time unavailable
-$109.40Update time unavailable
-$99.24Update time unavailable
-$89.08Update time unavailable
-$78.92Update time unavailable
-$68.76Update time unavailable
-$58.60Update time unavailable
-$48.44Update time unavailable
-$38.28Update time unavailable
-$28.12Update time unavailable
-$17.96Update time unavailable
-$7.80Update time unavailable
$0.00Update time unavailable
$2.36Update time unavailable
$12.52Update time unavailable
$22.68Update time unavailable
$32.84Update time unavailable
$43.00Spot referenceUpdate time unavailable
$53.16Update time unavailable
$63.32Update time unavailable
$73.48Update time unavailable
$83.64Update time unavailable
$93.80Update time unavailable
$103.96Update time unavailable
$114.12Update time unavailable
$124.28Update time unavailable
$134.44Update time unavailable
$144.60Update time unavailable
$154.76Update time unavailable
$164.92Update time unavailable
$175.08Update time unavailable
$185.24Update time unavailable
$195.40Update time unavailable
$205.56Update time unavailable
$215.72Update time unavailable
$225.88Update time unavailable
$236.04Update time unavailable
$246.20Update time unavailable
$256.36Update time unavailable
$266.52Update time unavailable
$276.68Update time unavailable
$286.84Update time unavailable
$297.00Update time unavailable
$307.16Update time unavailable
$317.32Update time unavailable
$327.48Update time unavailable
$337.64Update time unavailable
$347.80Update time unavailable
$357.96Update time unavailable
$368.12Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable
$377.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move above spot). Requires 100 shares per contract; above the strike the shares are called away.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 29, 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.