WEN · Covered-Calls

Wendy's Company (The) (WEN) covered calls

A modelled covered call from the published implied volatility, with premium yield and capped upside.

$7.17
Modelled strike
$7.50
Modelled premium
$0.05
Premium yield
0.8%
Annualized premium yield
48.5%
Breakeven
$7.12
Downside protection
0.8%
Days to expiration
7
Strategy payoffModelled covered call payoff. Spot $7.17. Expiry maximum profit $38.00 · Expiry maximum loss -$712.00 · Expiry breakevens $7.12. 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.

$3.585: Expiration P/L: -$353.50 Update time unavailable
Event / reference markers
  • Spot: $7.17
  • Expiry breakeven $7.12: $7.12
  • sell call strike $7.50: $7.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$353.50Update time unavailable
-$346.33Update time unavailable
-$339.16Update time unavailable
-$331.99Update time unavailable
-$324.82Update time unavailable
-$317.65Update time unavailable
-$310.48Update time unavailable
-$303.31Update time unavailable
-$296.14Update time unavailable
-$288.97Update time unavailable
-$281.80Update time unavailable
-$274.63Update time unavailable
-$267.46Update time unavailable
-$260.29Update time unavailable
-$253.12Update time unavailable
-$245.95Update time unavailable
-$238.78Update time unavailable
-$231.61Update time unavailable
-$224.44Update time unavailable
-$217.27Update time unavailable
-$210.10Update time unavailable
-$202.93Update time unavailable
-$195.76Update time unavailable
-$188.59Update time unavailable
-$181.42Update time unavailable
-$174.25Update time unavailable
-$167.08Update time unavailable
-$159.91Update time unavailable
-$152.74Update time unavailable
-$145.57Update time unavailable
-$138.40Update time unavailable
-$131.23Update time unavailable
-$124.06Update time unavailable
-$116.89Update time unavailable
-$109.72Update time unavailable
-$102.55Update time unavailable
-$95.38Update time unavailable
-$88.21Update time unavailable
-$81.04Update time unavailable
-$73.87Update time unavailable
-$66.70Update time unavailable
-$59.53Update time unavailable
-$52.36Update time unavailable
-$45.19Update time unavailable
-$38.02Update time unavailable
-$30.85Update time unavailable
-$23.68Update time unavailable
-$16.51Update time unavailable
-$9.34Update time unavailable
-$2.17Update time unavailable
$0.00Update time unavailable
$5.00Spot referenceUpdate time unavailable
$12.17Update time unavailable
$19.34Update time unavailable
$26.51Update time unavailable
$33.68Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable
$38.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move above spot). Requires 100 shares per contract; above the strike the shares are called away.

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.