TOST · Wheel

Toast, Inc. Class A Common Stock (TOST) wheel

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

$31.94
Modelled strike
$28.00
Modelled premium
$0.19
Cash required
$2,800.00
Breakeven
$27.81
Downside buffer
12.9%
Period return
0.7%
Annualized return
50.9%
Days to expiration
6
Strategy payoffModelled cash-secured put payoff. Spot $31.94. Expiry maximum profit $19.00 · Expiry maximum loss -$2,781.00 · Expiry breakevens $27.81. 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.

$15.97: Expiration P/L: -$1,184.00 Update time unavailable
Event / reference markers
  • Spot: $31.94
  • Expiry breakeven $27.81: $27.81
  • sell put strike $28.00: $28.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$1,184.00Update time unavailable
-$1,152.06Update time unavailable
-$1,120.12Update time unavailable
-$1,088.18Update time unavailable
-$1,056.24Update time unavailable
-$1,024.30Update time unavailable
-$992.36Update time unavailable
-$960.42Update time unavailable
-$928.48Update time unavailable
-$896.54Update time unavailable
-$864.60Update time unavailable
-$832.66Update time unavailable
-$800.72Update time unavailable
-$768.78Update time unavailable
-$736.84Update time unavailable
-$704.90Update time unavailable
-$672.96Update time unavailable
-$641.02Update time unavailable
-$609.08Update time unavailable
-$577.14Update time unavailable
-$545.20Update time unavailable
-$513.26Update time unavailable
-$481.32Update time unavailable
-$449.38Update time unavailable
-$417.44Update time unavailable
-$385.50Update time unavailable
-$353.56Update time unavailable
-$321.62Update time unavailable
-$289.68Update time unavailable
-$257.74Update time unavailable
-$225.80Update time unavailable
-$193.86Update time unavailable
-$161.92Update time unavailable
-$129.98Update time unavailable
-$98.04Update time unavailable
-$66.10Update time unavailable
-$34.16Update time unavailable
-$2.22Update time unavailable
-$0.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Spot referenceUpdate time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update 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 $27.81 per share after premium; the shares can keep falling.

Stage C would sell a $35.00 call for about $0.43, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 28, 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.