ZS · Wheel
Zscaler, Inc. (ZS) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $215.00
- Modelled premium
- $2.86
- Cash required
- $21,500.00
- Breakeven
- $212.14
- Downside buffer
- 18.5%
- Period return
- 1.3%
- Annualized return
- 18.8%
- Days to expiration
- 28
Update time unavailable
Loading graph — the exact table is available below.
$130.075: Expiration P/L: -$8,206.50 Update time unavailable
Event / reference markers
- Spot: $260.15
- Expiry breakeven $212.14: $212.14
- sell put strike $215.00: $215.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$8,206.50 | Update time unavailable | ||
| -$7,946.35 | Update time unavailable | ||
| -$7,686.20 | Update time unavailable | ||
| -$7,426.05 | Update time unavailable | ||
| -$7,165.90 | Update time unavailable | ||
| -$6,905.75 | Update time unavailable | ||
| -$6,645.60 | Update time unavailable | ||
| -$6,385.45 | Update time unavailable | ||
| -$6,125.30 | Update time unavailable | ||
| -$5,865.15 | Update time unavailable | ||
| -$5,605.00 | Update time unavailable | ||
| -$5,344.85 | Update time unavailable | ||
| -$5,084.70 | Update time unavailable | ||
| -$4,824.55 | Update time unavailable | ||
| -$4,564.40 | Update time unavailable | ||
| -$4,304.25 | Update time unavailable | ||
| -$4,044.10 | Update time unavailable | ||
| -$3,783.95 | Update time unavailable | ||
| -$3,523.80 | Update time unavailable | ||
| -$3,263.65 | Update time unavailable | ||
| -$3,003.50 | Update time unavailable | ||
| -$2,743.35 | Update time unavailable | ||
| -$2,483.20 | Update time unavailable | ||
| -$2,223.05 | Update time unavailable | ||
| -$1,962.90 | Update time unavailable | ||
| -$1,702.75 | Update time unavailable | ||
| -$1,442.60 | Update time unavailable | ||
| -$1,182.45 | Update time unavailable | ||
| -$922.30 | Update time unavailable | ||
| -$662.15 | Update time unavailable | ||
| -$402.00 | Update time unavailable | ||
| -$141.85 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $118.30 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Spot reference | Update time unavailable | |
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | Update time unavailable | ||
| $286.00 | 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 $212.14 per share after premium; the shares can keep falling.
Stage C would sell a $305.00 call for about $5.11, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 27, 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.