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AMZN / USD

Amazon · Illustrative stock exposure

Paper market
Reference price$220.00Illustrative, not a live quote
Cap price$231.00+5% from reference
Model volatility35%Annualized assumption
SEE BOTH SIDES

Your exposure, mapped.

SETTLEMENT VALUE / UNIT
$0$88$176$264$352CAP $231$110$165$220$275$330
IncomeUpsideUnderlyingUnderlying price at settlement
$242.00 +10%
−50%Reference price+60%
Income value$231.00min(price, cap)
Upside value$11.00max(price − cap, 0)
Income net P&L / unit+$15.57After modeled entry cost

The chart shows terminal value, not price history. Premium is reflected in entry cost. No fees, taxes, or slippage are modeled.

One underlying. Two complementary positions.

At settlement, Income keeps the value up to $231.00. Upside receives anything above it. Together, the positions equal the underlying asset’s value.

Read the mechanism