SPOT · Wheel
Spotify Technology S.A. Ordinary Shares (SPOT) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $450.00
- Modelled premium
- $4.67
- Cash required
- $45,000.00
- Breakeven
- $445.33
- Downside buffer
- 13.2%
- Period return
- 1.0%
- Annualized return
- 28.6%
- Days to expiration
- 15
Update time unavailable
Loading graph — the exact table is available below.
$256.46Expiration P/L -$18,887.00Update time unavailable
Event / reference markers
- Spot: $512.92
- Expiry breakeven $445.33: $445.33
- sell put strike $450.00: $450.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$18,887.00 | Update time unavailable | ||
| -$18,374.08 | Update time unavailable | ||
| -$17,861.16 | Update time unavailable | ||
| -$17,348.24 | Update time unavailable | ||
| -$16,835.32 | Update time unavailable | ||
| -$16,322.40 | Update time unavailable | ||
| -$15,809.48 | Update time unavailable | ||
| -$15,296.56 | Update time unavailable | ||
| -$14,783.64 | Update time unavailable | ||
| -$14,270.72 | Update time unavailable | ||
| -$13,757.80 | Update time unavailable | ||
| -$13,244.88 | Update time unavailable | ||
| -$12,731.96 | Update time unavailable | ||
| -$12,219.04 | Update time unavailable | ||
| -$11,706.12 | Update time unavailable | ||
| -$11,193.20 | Update time unavailable | ||
| -$10,680.28 | Update time unavailable | ||
| -$10,167.36 | Update time unavailable | ||
| -$9,654.44 | Update time unavailable | ||
| -$9,141.52 | Update time unavailable | ||
| -$8,628.60 | Update time unavailable | ||
| -$8,115.68 | Update time unavailable | ||
| -$7,602.76 | Update time unavailable | ||
| -$7,089.84 | Update time unavailable | ||
| -$6,576.92 | Update time unavailable | ||
| -$6,064.00 | Update time unavailable | ||
| -$5,551.08 | Update time unavailable | ||
| -$5,038.16 | Update time unavailable | ||
| -$4,525.24 | Update time unavailable | ||
| -$4,012.32 | Update time unavailable | ||
| -$3,499.40 | Update time unavailable | ||
| -$2,986.48 | Update time unavailable | ||
| -$2,473.56 | Update time unavailable | ||
| -$1,960.64 | Update time unavailable | ||
| -$1,447.72 | Update time unavailable | ||
| -$934.80 | Update time unavailable | ||
| -$421.88 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $91.04 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Spot reference | Update time unavailable | |
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | Update time unavailable | ||
| $467.00 | 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 $445.33 per share after premium; the shares can keep falling.
Stage C would sell a $580.00 call for about $6.28, 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.