SLS · Wheel
SELLAS Life Sciences Group, Inc. (SLS) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $7.00
- Modelled premium
- $0.18
- Cash required
- $700.00
- Breakeven
- $6.82
- Downside buffer
- 32.9%
- Period return
- 2.6%
- Annualized return
- 107.9%
- Days to expiration
- 13
Update time unavailable
Loading graph — the exact table is available below.
$5.08: Expiration P/L: -$174.00 Update time unavailable
Event / reference markers
- Spot: $10.16
- Expiry breakeven $6.82: $6.82
- sell put strike $7.00: $7.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$174.00 | Update time unavailable | ||
| -$163.84 | Update time unavailable | ||
| -$153.68 | Update time unavailable | ||
| -$143.52 | Update time unavailable | ||
| -$133.36 | Update time unavailable | ||
| -$123.20 | Update time unavailable | ||
| -$113.04 | Update time unavailable | ||
| -$102.88 | Update time unavailable | ||
| -$92.72 | Update time unavailable | ||
| -$82.56 | Update time unavailable | ||
| -$72.40 | Update time unavailable | ||
| -$62.24 | Update time unavailable | ||
| -$52.08 | Update time unavailable | ||
| -$41.92 | Update time unavailable | ||
| -$31.76 | Update time unavailable | ||
| -$21.60 | Update time unavailable | ||
| -$11.44 | Update time unavailable | ||
| -$1.28 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $8.88 | Update time unavailable | ||
| $18.00 | Update time unavailable | ||
| $18.00 | Update time unavailable | ||
| $18.00 | Update time unavailable | ||
| $18.00 | Update time unavailable | ||
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| $18.00 | Update time unavailable | ||
| $18.00 | Update time unavailable | ||
| $18.00 | Update time unavailable | ||
| $18.00 | Spot reference | Update time unavailable | |
| $18.00 | Update time unavailable | ||
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| $18.00 | 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 $6.82 per share after premium; the shares can keep falling.
Stage C would sell a $13.50 call for about $0.43, lowering the effective basis further.
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.