TEVA · Wheel
Teva Pharmaceutical Industries Limited Ordinary Shares (TEVA) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $37.00
- Modelled premium
- $0.27
- Cash required
- $3,700.00
- Breakeven
- $36.73
- Downside buffer
- 9.1%
- Period return
- 0.7%
- Annualized return
- 45.5%
- Days to expiration
- 7
Update time unavailable
Loading graph — the exact table is available below.
$20.195: Expiration P/L: -$1,653.50 Update time unavailable
Event / reference markers
- Spot: $40.39
- Expiry breakeven $36.73: $36.73
- sell put strike $37.00: $37.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$1,653.50 | Update time unavailable | ||
| -$1,613.11 | Update time unavailable | ||
| -$1,572.72 | Update time unavailable | ||
| -$1,532.33 | Update time unavailable | ||
| -$1,491.94 | Update time unavailable | ||
| -$1,451.55 | Update time unavailable | ||
| -$1,411.16 | Update time unavailable | ||
| -$1,370.77 | Update time unavailable | ||
| -$1,330.38 | Update time unavailable | ||
| -$1,289.99 | Update time unavailable | ||
| -$1,249.60 | Update time unavailable | ||
| -$1,209.21 | Update time unavailable | ||
| -$1,168.82 | Update time unavailable | ||
| -$1,128.43 | Update time unavailable | ||
| -$1,088.04 | Update time unavailable | ||
| -$1,047.65 | Update time unavailable | ||
| -$1,007.26 | Update time unavailable | ||
| -$966.87 | Update time unavailable | ||
| -$926.48 | Update time unavailable | ||
| -$886.09 | Update time unavailable | ||
| -$845.70 | Update time unavailable | ||
| -$805.31 | Update time unavailable | ||
| -$764.92 | Update time unavailable | ||
| -$724.53 | Update time unavailable | ||
| -$684.14 | Update time unavailable | ||
| -$643.75 | Update time unavailable | ||
| -$603.36 | Update time unavailable | ||
| -$562.97 | Update time unavailable | ||
| -$522.58 | Update time unavailable | ||
| -$482.19 | Update time unavailable | ||
| -$441.80 | Update time unavailable | ||
| -$401.41 | Update time unavailable | ||
| -$361.02 | Update time unavailable | ||
| -$320.63 | Update time unavailable | ||
| -$280.24 | Update time unavailable | ||
| -$239.85 | Update time unavailable | ||
| -$199.46 | Update time unavailable | ||
| -$159.07 | Update time unavailable | ||
| -$118.68 | Update time unavailable | ||
| -$78.29 | Update time unavailable | ||
| -$37.90 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $2.49 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Spot reference | Update time unavailable | |
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | Update time unavailable | ||
| $27.00 | 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 $36.73 per share after premium; the shares can keep falling.
Stage C would sell a $44.00 call for about $0.32, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 27, 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.