AXP · Wheel
American Express Company Common Stock (AXP) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $285.00
- Modelled premium
- $1.75
- Cash required
- $28,500.00
- Breakeven
- $283.25
- Downside buffer
- 6.9%
- Period return
- 0.6%
- Annualized return
- 15.0%
- Days to expiration
- 16
Update time unavailable
Loading graph — the exact table is available below.
$152.125Expiration P/L -$13,112.50Update time unavailable
Event / reference markers
- Spot: $304.25
- Expiry breakeven $283.25: $283.25
- sell put strike $285.00: $285.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$13,112.50 | Update time unavailable | ||
| -$12,808.25 | Update time unavailable | ||
| -$12,504.00 | Update time unavailable | ||
| -$12,199.75 | Update time unavailable | ||
| -$11,895.50 | Update time unavailable | ||
| -$11,591.25 | Update time unavailable | ||
| -$11,287.00 | Update time unavailable | ||
| -$10,982.75 | Update time unavailable | ||
| -$10,678.50 | Update time unavailable | ||
| -$10,374.25 | Update time unavailable | ||
| -$10,070.00 | Update time unavailable | ||
| -$9,765.75 | Update time unavailable | ||
| -$9,461.50 | Update time unavailable | ||
| -$9,157.25 | Update time unavailable | ||
| -$8,853.00 | Update time unavailable | ||
| -$8,548.75 | Update time unavailable | ||
| -$8,244.50 | Update time unavailable | ||
| -$7,940.25 | Update time unavailable | ||
| -$7,636.00 | Update time unavailable | ||
| -$7,331.75 | Update time unavailable | ||
| -$7,027.50 | Update time unavailable | ||
| -$6,723.25 | Update time unavailable | ||
| -$6,419.00 | Update time unavailable | ||
| -$6,114.75 | Update time unavailable | ||
| -$5,810.50 | Update time unavailable | ||
| -$5,506.25 | Update time unavailable | ||
| -$5,202.00 | Update time unavailable | ||
| -$4,897.75 | Update time unavailable | ||
| -$4,593.50 | Update time unavailable | ||
| -$4,289.25 | Update time unavailable | ||
| -$3,985.00 | Update time unavailable | ||
| -$3,680.75 | Update time unavailable | ||
| -$3,376.50 | Update time unavailable | ||
| -$3,072.25 | Update time unavailable | ||
| -$2,768.00 | Update time unavailable | ||
| -$2,463.75 | Update time unavailable | ||
| -$2,159.50 | Update time unavailable | ||
| -$1,855.25 | Update time unavailable | ||
| -$1,551.00 | Update time unavailable | ||
| -$1,246.75 | Update time unavailable | ||
| -$942.50 | Update time unavailable | ||
| -$638.25 | Update time unavailable | ||
| -$334.00 | Update time unavailable | ||
| -$29.75 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Spot reference | Update time unavailable | |
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | Update time unavailable | ||
| $175.00 | 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 $283.25 per share after premium; the shares can keep falling.
Stage C would sell a $325.00 call for about $2.02, lowering the effective basis further.
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.