KGC · Wheel

Kinross Gold Corporation Common Stock (KGC) wheel

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

$23.81
Modelled strike
$20.50
Modelled premium
$0.17
Cash required
$2,050.00
Breakeven
$20.33
Downside buffer
14.6%
Period return
0.8%
Annualized return
11.1%
Days to expiration
28
Strategy payoffModelled cash-secured put payoff. Spot $23.81. Expiry maximum profit $17.00 · Expiry maximum loss -$2,033.00 · Expiry breakevens $20.33. 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.

$11.905Expiration P/L -$842.50Update time unavailable
Event / reference markers
  • Spot: $23.81
  • Expiry breakeven $20.33: $20.33
  • sell put strike $20.50: $20.50
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$842.50Update time unavailable
-$818.69Update time unavailable
-$794.88Update time unavailable
-$771.07Update time unavailable
-$747.26Update time unavailable
-$723.45Update time unavailable
-$699.64Update time unavailable
-$675.83Update time unavailable
-$652.02Update time unavailable
-$628.21Update time unavailable
-$604.40Update time unavailable
-$580.59Update time unavailable
-$556.78Update time unavailable
-$532.97Update time unavailable
-$509.16Update time unavailable
-$485.35Update time unavailable
-$461.54Update time unavailable
-$437.73Update time unavailable
-$413.92Update time unavailable
-$390.11Update time unavailable
-$366.30Update time unavailable
-$342.49Update time unavailable
-$318.68Update time unavailable
-$294.87Update time unavailable
-$271.06Update time unavailable
-$247.25Update time unavailable
-$223.44Update time unavailable
-$199.63Update time unavailable
-$175.82Update time unavailable
-$152.01Update time unavailable
-$128.20Update time unavailable
-$104.39Update time unavailable
-$80.58Update time unavailable
-$56.77Update time unavailable
-$32.96Update time unavailable
-$9.15Update time unavailable
-$0.00Update time unavailable
$14.66Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Spot referenceUpdate time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update time unavailable
$17.00Update 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 $20.33 per share after premium; the shares can keep falling.

Stage C would sell a $27.00 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.

Kinross Gold Corporation Common Stock (KGC) Wheel | Options Whale