UAMY · Wheel

United States Antimony Corporation Common Stock (UAMY) wheel

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

$2.98
Modelled strike
$2.50
Modelled premium
$0.07
Cash required
$250.00
Breakeven
$2.43
Downside buffer
18.4%
Period return
2.8%
Annualized return
129.3%
Days to expiration
12
Strategy payoffModelled cash-secured put payoff. Spot $2.98. Expiry maximum profit $7.00 · Expiry maximum loss -$243.00 · Expiry breakevens $2.43. 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.

$1.49: Expiration P/L: -$94.00 Update time unavailable
Event / reference markers
  • Spot: $2.98
  • Expiry breakeven $2.43: $2.43
  • sell put strike $2.50: $2.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$94.00Update time unavailable
-$91.02Update time unavailable
-$88.04Update time unavailable
-$85.06Update time unavailable
-$82.08Update time unavailable
-$79.10Update time unavailable
-$76.12Update time unavailable
-$73.14Update time unavailable
-$70.16Update time unavailable
-$67.18Update time unavailable
-$64.20Update time unavailable
-$61.22Update time unavailable
-$58.24Update time unavailable
-$55.26Update time unavailable
-$52.28Update time unavailable
-$49.30Update time unavailable
-$46.32Update time unavailable
-$43.34Update time unavailable
-$40.36Update time unavailable
-$37.38Update time unavailable
-$34.40Update time unavailable
-$31.42Update time unavailable
-$28.44Update time unavailable
-$25.46Update time unavailable
-$22.48Update time unavailable
-$19.50Update time unavailable
-$16.52Update time unavailable
-$13.54Update time unavailable
-$10.56Update time unavailable
-$7.58Update time unavailable
-$4.60Update time unavailable
-$1.62Update time unavailable
-$0.00Update time unavailable
$1.36Update time unavailable
$4.34Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Spot referenceUpdate time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update time unavailable
$7.00Update 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 $2.43 per share after premium; the shares can keep falling.

Stage C would sell a $3.50 call for about $0.09, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 30, 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.