FCX · Wheel
Freeport-McMoRan, Inc. Common Stock (FCX) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $64.00
- Modelled premium
- $0.58
- Cash required
- $6,400.00
- Breakeven
- $63.42
- Downside buffer
- 12.6%
- Period return
- 0.9%
- Annualized return
- 16.8%
- Days to expiration
- 21
Update time unavailable
Loading graph — the exact table is available below.
$36.28Expiration P/L -$2,714.00Update time unavailable
Event / reference markers
- Spot: $72.56
- Expiry breakeven $63.42: $63.42
- sell put strike $64.00: $64.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$2,714.00 | Update time unavailable | ||
| -$2,641.44 | Update time unavailable | ||
| -$2,568.88 | Update time unavailable | ||
| -$2,496.32 | Update time unavailable | ||
| -$2,423.76 | Update time unavailable | ||
| -$2,351.20 | Update time unavailable | ||
| -$2,278.64 | Update time unavailable | ||
| -$2,206.08 | Update time unavailable | ||
| -$2,133.52 | Update time unavailable | ||
| -$2,060.96 | Update time unavailable | ||
| -$1,988.40 | Update time unavailable | ||
| -$1,915.84 | Update time unavailable | ||
| -$1,843.28 | Update time unavailable | ||
| -$1,770.72 | Update time unavailable | ||
| -$1,698.16 | Update time unavailable | ||
| -$1,625.60 | Update time unavailable | ||
| -$1,553.04 | Update time unavailable | ||
| -$1,480.48 | Update time unavailable | ||
| -$1,407.92 | Update time unavailable | ||
| -$1,335.36 | Update time unavailable | ||
| -$1,262.80 | Update time unavailable | ||
| -$1,190.24 | Update time unavailable | ||
| -$1,117.68 | Update time unavailable | ||
| -$1,045.12 | Update time unavailable | ||
| -$972.56 | Update time unavailable | ||
| -$900.00 | Update time unavailable | ||
| -$827.44 | Update time unavailable | ||
| -$754.88 | Update time unavailable | ||
| -$682.32 | Update time unavailable | ||
| -$609.76 | Update time unavailable | ||
| -$537.20 | Update time unavailable | ||
| -$464.64 | Update time unavailable | ||
| -$392.08 | Update time unavailable | ||
| -$319.52 | Update time unavailable | ||
| -$246.96 | Update time unavailable | ||
| -$174.40 | Update time unavailable | ||
| -$101.84 | Update time unavailable | ||
| -$29.28 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $43.28 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Spot reference | Update time unavailable | |
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | Update time unavailable | ||
| $58.00 | 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 $63.42 per share after premium; the shares can keep falling.
Stage C would sell a $81.00 call for about $0.89, 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.