UPST · Wheel
Upstart Holdings, Inc. (UPST) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $22.00
- Modelled premium
- $0.23
- Cash required
- $2,200.00
- Breakeven
- $21.77
- Downside buffer
- 12.4%
- Period return
- 1.1%
- Annualized return
- 114.6%
- Days to expiration
- 5
Update time unavailable
Loading graph — the exact table is available below.
$12.42: Expiration P/L: -$935.00 Update time unavailable
Event / reference markers
- Spot: $24.84
- Expiry breakeven $21.77: $21.77
- sell put strike $22.00: $22.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$935.00 | Update time unavailable | ||
| -$910.16 | Update time unavailable | ||
| -$885.32 | Update time unavailable | ||
| -$860.48 | Update time unavailable | ||
| -$835.64 | Update time unavailable | ||
| -$810.80 | Update time unavailable | ||
| -$785.96 | Update time unavailable | ||
| -$761.12 | Update time unavailable | ||
| -$736.28 | Update time unavailable | ||
| -$711.44 | Update time unavailable | ||
| -$686.60 | Update time unavailable | ||
| -$661.76 | Update time unavailable | ||
| -$636.92 | Update time unavailable | ||
| -$612.08 | Update time unavailable | ||
| -$587.24 | Update time unavailable | ||
| -$562.40 | Update time unavailable | ||
| -$537.56 | Update time unavailable | ||
| -$512.72 | Update time unavailable | ||
| -$487.88 | Update time unavailable | ||
| -$463.04 | Update time unavailable | ||
| -$438.20 | Update time unavailable | ||
| -$413.36 | Update time unavailable | ||
| -$388.52 | Update time unavailable | ||
| -$363.68 | Update time unavailable | ||
| -$338.84 | Update time unavailable | ||
| -$314.00 | Update time unavailable | ||
| -$289.16 | Update time unavailable | ||
| -$264.32 | Update time unavailable | ||
| -$239.48 | Update time unavailable | ||
| -$214.64 | Update time unavailable | ||
| -$189.80 | Update time unavailable | ||
| -$164.96 | Update time unavailable | ||
| -$140.12 | Update time unavailable | ||
| -$115.28 | Update time unavailable | ||
| -$90.44 | Update time unavailable | ||
| -$65.60 | Update time unavailable | ||
| -$40.76 | Update time unavailable | ||
| -$15.92 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $8.92 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Spot reference | Update time unavailable | |
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
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| $23.00 | Update time unavailable | ||
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| $23.00 | Update time unavailable | ||
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| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | Update time unavailable | ||
| $23.00 | 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 $21.77 per share after premium; the shares can keep falling.
Stage C would sell a $28.00 call for about $0.27, 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.