VG · Wheel

Venture Global, Inc. Class A common stock (VG) wheel

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

$13.51
Modelled strike
$11.00
Modelled premium
$0.16
Cash required
$1,100.00
Breakeven
$10.84
Downside buffer
19.8%
Period return
1.5%
Annualized return
17.0%
Days to expiration
34
Strategy payoffModelled cash-secured put payoff. Spot $13.51. Expiry maximum profit $16.00 · Expiry maximum loss -$1,084.00 · Expiry breakevens $10.84. 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.

$6.755Expiration P/L -$408.50Update time unavailable
Event / reference markers
  • Spot: $13.51
  • Expiry breakeven $10.84: $10.84
  • sell put strike $11.00: $11.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$408.50Update time unavailable
-$394.99Update time unavailable
-$381.48Update time unavailable
-$367.97Update time unavailable
-$354.46Update time unavailable
-$340.95Update time unavailable
-$327.44Update time unavailable
-$313.93Update time unavailable
-$300.42Update time unavailable
-$286.91Update time unavailable
-$273.40Update time unavailable
-$259.89Update time unavailable
-$246.38Update time unavailable
-$232.87Update time unavailable
-$219.36Update time unavailable
-$205.85Update time unavailable
-$192.34Update time unavailable
-$178.83Update time unavailable
-$165.32Update time unavailable
-$151.81Update time unavailable
-$138.30Update time unavailable
-$124.79Update time unavailable
-$111.28Update time unavailable
-$97.77Update time unavailable
-$84.26Update time unavailable
-$70.75Update time unavailable
-$57.24Update time unavailable
-$43.73Update time unavailable
-$30.22Update time unavailable
-$16.71Update time unavailable
-$3.20Update time unavailable
-$0.00Update time unavailable
$10.31Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Spot referenceUpdate time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update time unavailable
$16.00Update 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 $10.84 per share after premium; the shares can keep falling.

Stage C would sell a $16.00 call for about $0.30, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 6, 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.