CVE · Wheel
Cenovus Energy Inc Common Stock (CVE) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $28.00
- Modelled premium
- $0.26
- Cash required
- $2,800.00
- Breakeven
- $27.74
- Downside buffer
- 11.2%
- Period return
- 0.9%
- Annualized return
- 15.3%
- Days to expiration
- 24
Update time unavailable
Loading graph — the exact table is available below.
$15.62Expiration P/L -$1,212.00Update time unavailable
Event / reference markers
- Spot: $31.24
- Expiry breakeven $27.74: $27.74
- sell put strike $28.00: $28.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$1,212.00 | Update time unavailable | ||
| -$1,180.76 | Update time unavailable | ||
| -$1,149.52 | Update time unavailable | ||
| -$1,118.28 | Update time unavailable | ||
| -$1,087.04 | Update time unavailable | ||
| -$1,055.80 | Update time unavailable | ||
| -$1,024.56 | Update time unavailable | ||
| -$993.32 | Update time unavailable | ||
| -$962.08 | Update time unavailable | ||
| -$930.84 | Update time unavailable | ||
| -$899.60 | Update time unavailable | ||
| -$868.36 | Update time unavailable | ||
| -$837.12 | Update time unavailable | ||
| -$805.88 | Update time unavailable | ||
| -$774.64 | Update time unavailable | ||
| -$743.40 | Update time unavailable | ||
| -$712.16 | Update time unavailable | ||
| -$680.92 | Update time unavailable | ||
| -$649.68 | Update time unavailable | ||
| -$618.44 | Update time unavailable | ||
| -$587.20 | Update time unavailable | ||
| -$555.96 | Update time unavailable | ||
| -$524.72 | Update time unavailable | ||
| -$493.48 | Update time unavailable | ||
| -$462.24 | Update time unavailable | ||
| -$431.00 | Update time unavailable | ||
| -$399.76 | Update time unavailable | ||
| -$368.52 | Update time unavailable | ||
| -$337.28 | Update time unavailable | ||
| -$306.04 | Update time unavailable | ||
| -$274.80 | Update time unavailable | ||
| -$243.56 | Update time unavailable | ||
| -$212.32 | Update time unavailable | ||
| -$181.08 | Update time unavailable | ||
| -$149.84 | Update time unavailable | ||
| -$118.60 | Update time unavailable | ||
| -$87.36 | Update time unavailable | ||
| -$56.12 | Update time unavailable | ||
| -$24.88 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $6.36 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Spot reference | Update time unavailable | |
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | Update time unavailable | ||
| $26.00 | 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 $27.74 per share after premium; the shares can keep falling.
Stage C would sell a $35.00 call for about $0.30, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 6, 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.