WDAY · Wheel

Workday, Inc. (WDAY) wheel

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

$195.46
Modelled strike
$170.00
Modelled premium
$1.95
Cash required
$17,000.00
Breakeven
$168.05
Downside buffer
14.0%
Period return
1.1%
Annualized return
17.4%
Days to expiration
26
Strategy payoffModelled cash-secured put payoff. Spot $195.46. Expiry maximum profit $195.00 · Expiry maximum loss -$16,805.00 · Expiry breakevens $168.05. 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.

$97.73: Expiration P/L: -$7,032.00 Update time unavailable
Event / reference markers
  • Spot: $195.46
  • Expiry breakeven $168.05: $168.05
  • sell put strike $170.00: $170.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$7,032.00Update time unavailable
-$6,836.54Update time unavailable
-$6,641.08Update time unavailable
-$6,445.62Update time unavailable
-$6,250.16Update time unavailable
-$6,054.70Update time unavailable
-$5,859.24Update time unavailable
-$5,663.78Update time unavailable
-$5,468.32Update time unavailable
-$5,272.86Update time unavailable
-$5,077.40Update time unavailable
-$4,881.94Update time unavailable
-$4,686.48Update time unavailable
-$4,491.02Update time unavailable
-$4,295.56Update time unavailable
-$4,100.10Update time unavailable
-$3,904.64Update time unavailable
-$3,709.18Update time unavailable
-$3,513.72Update time unavailable
-$3,318.26Update time unavailable
-$3,122.80Update time unavailable
-$2,927.34Update time unavailable
-$2,731.88Update time unavailable
-$2,536.42Update time unavailable
-$2,340.96Update time unavailable
-$2,145.50Update time unavailable
-$1,950.04Update time unavailable
-$1,754.58Update time unavailable
-$1,559.12Update time unavailable
-$1,363.66Update time unavailable
-$1,168.20Update time unavailable
-$972.74Update time unavailable
-$777.28Update time unavailable
-$581.82Update time unavailable
-$386.36Update time unavailable
-$190.90Update time unavailable
$0.00Update time unavailable
$4.56Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Spot referenceUpdate time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update time unavailable
$195.00Update 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 $168.05 per share after premium; the shares can keep falling.

Stage C would sell a $220.00 call for about $3.20, 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.