WULF · Covered-Calls

TeraWulf Inc. (WULF) covered calls

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

$14.40
Modelled strike
$18.00
Modelled premium
$0.45
Premium yield
3.1%
Annualized premium yield
40.3%
Breakeven
$13.95
Downside protection
3.1%
Days to expiration
33
Strategy payoffModelled covered call payoff. Spot $14.40. Expiry maximum profit $405.00 · Expiry maximum loss -$1,395.00 · Expiry breakevens $13.95. 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.

$7.20Expiration P/L -$675.00Update time unavailable
Event / reference markers
  • Spot: $14.40
  • Expiry breakeven $13.95: $13.95
  • sell call strike $18.00: $18.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$675.00Update time unavailable
-$660.60Update time unavailable
-$646.20Update time unavailable
-$631.80Update time unavailable
-$617.40Update time unavailable
-$603.00Update time unavailable
-$588.60Update time unavailable
-$574.20Update time unavailable
-$559.80Update time unavailable
-$545.40Update time unavailable
-$531.00Update time unavailable
-$516.60Update time unavailable
-$502.20Update time unavailable
-$487.80Update time unavailable
-$473.40Update time unavailable
-$459.00Update time unavailable
-$444.60Update time unavailable
-$430.20Update time unavailable
-$415.80Update time unavailable
-$401.40Update time unavailable
-$387.00Update time unavailable
-$372.60Update time unavailable
-$358.20Update time unavailable
-$343.80Update time unavailable
-$329.40Update time unavailable
-$315.00Update time unavailable
-$300.60Update time unavailable
-$286.20Update time unavailable
-$271.80Update time unavailable
-$257.40Update time unavailable
-$243.00Update time unavailable
-$228.60Update time unavailable
-$214.20Update time unavailable
-$199.80Update time unavailable
-$185.40Update time unavailable
-$171.00Update time unavailable
-$156.60Update time unavailable
-$142.20Update time unavailable
-$127.80Update time unavailable
-$113.40Update time unavailable
-$99.00Update time unavailable
-$84.60Update time unavailable
-$70.20Update time unavailable
-$55.80Update time unavailable
-$41.40Update time unavailable
-$27.00Update time unavailable
-$12.60Update time unavailable
$0.00Update time unavailable
$1.80Update time unavailable
$16.20Update time unavailable
$30.60Update time unavailable
$45.00Spot referenceUpdate time unavailable
$45.00Update time unavailable
$59.40Update time unavailable
$73.80Update time unavailable
$88.20Update time unavailable
$102.60Update time unavailable
$117.00Update time unavailable
$131.40Update time unavailable
$145.80Update time unavailable
$160.20Update time unavailable
$174.60Update time unavailable
$189.00Update time unavailable
$203.40Update time unavailable
$217.80Update time unavailable
$232.20Update time unavailable
$246.60Update time unavailable
$261.00Update time unavailable
$275.40Update time unavailable
$289.80Update time unavailable
$304.20Update time unavailable
$318.60Update time unavailable
$333.00Update time unavailable
$347.40Update time unavailable
$361.80Update time unavailable
$376.20Update time unavailable
$390.60Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update time unavailable
$405.00Update 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 7, 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.