CXW · Wheel

CoreCivic, Inc. Common Stock (CXW) wheel

The cash-secured put → assigned shares → covered call cycle for this ticker.

$31.78
Modelled strike
$27.00
Modelled premium
$0.33
Cash required
$2,700.00
Breakeven
$26.67
Downside buffer
16.1%
Period return
1.2%
Annualized return
16.7%
Days to expiration
29
Strategy payoffModelled cash-secured put payoff. Spot $31.78. Expiry maximum profit $33.00 · Expiry maximum loss -$2,667.00 · Expiry breakevens $26.67. 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.

$15.89Expiration P/L -$1,078.00Update time unavailable
Event / reference markers
  • Spot: $31.78
  • Expiry breakeven $26.67: $26.67
  • sell put strike $27.00: $27.00
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$1,078.00Update time unavailable
-$1,046.22Update time unavailable
-$1,014.44Update time unavailable
-$982.66Update time unavailable
-$950.88Update time unavailable
-$919.10Update time unavailable
-$887.32Update time unavailable
-$855.54Update time unavailable
-$823.76Update time unavailable
-$791.98Update time unavailable
-$760.20Update time unavailable
-$728.42Update time unavailable
-$696.64Update time unavailable
-$664.86Update time unavailable
-$633.08Update time unavailable
-$601.30Update time unavailable
-$569.52Update time unavailable
-$537.74Update time unavailable
-$505.96Update time unavailable
-$474.18Update time unavailable
-$442.40Update time unavailable
-$410.62Update time unavailable
-$378.84Update time unavailable
-$347.06Update time unavailable
-$315.28Update time unavailable
-$283.50Update time unavailable
-$251.72Update time unavailable
-$219.94Update time unavailable
-$188.16Update time unavailable
-$156.38Update time unavailable
-$124.60Update time unavailable
-$92.82Update time unavailable
-$61.04Update time unavailable
-$29.26Update time unavailable
-$0.00Update time unavailable
$2.52Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Spot referenceUpdate time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update time unavailable
$33.00Update 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 $26.67 per share after premium; the shares can keep falling.

Stage C would sell a $37.00 call for about $0.48, 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.

CoreCivic, Inc. Common Stock (CXW) Wheel | Options Whale