ZIM · Wheel

ZIM Integrated Shipping Services Ltd. Ordinary Shares (ZIM) wheel

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

$29.24
Modelled strike
$27.00
Modelled premium
$0.18
Cash required
$2,700.00
Breakeven
$26.82
Downside buffer
8.3%
Period return
0.7%
Annualized return
12.2%
Days to expiration
21
Strategy payoffModelled cash-secured put payoff. Spot $29.24. Expiry maximum profit $18.00 · Expiry maximum loss -$2,682.00 · Expiry breakevens $26.82. 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.

$14.62: Expiration P/L: -$1,220.00 Update time unavailable
Event / reference markers
  • Spot: $29.24
  • Expiry breakeven $26.82: $26.82
  • 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
-$1,220.00Update time unavailable
-$1,190.76Update time unavailable
-$1,161.52Update time unavailable
-$1,132.28Update time unavailable
-$1,103.04Update time unavailable
-$1,073.80Update time unavailable
-$1,044.56Update time unavailable
-$1,015.32Update time unavailable
-$986.08Update time unavailable
-$956.84Update time unavailable
-$927.60Update time unavailable
-$898.36Update time unavailable
-$869.12Update time unavailable
-$839.88Update time unavailable
-$810.64Update time unavailable
-$781.40Update time unavailable
-$752.16Update time unavailable
-$722.92Update time unavailable
-$693.68Update time unavailable
-$664.44Update time unavailable
-$635.20Update time unavailable
-$605.96Update time unavailable
-$576.72Update time unavailable
-$547.48Update time unavailable
-$518.24Update time unavailable
-$489.00Update time unavailable
-$459.76Update time unavailable
-$430.52Update time unavailable
-$401.28Update time unavailable
-$372.04Update time unavailable
-$342.80Update time unavailable
-$313.56Update time unavailable
-$284.32Update time unavailable
-$255.08Update time unavailable
-$225.84Update time unavailable
-$196.60Update time unavailable
-$167.36Update time unavailable
-$138.12Update time unavailable
-$108.88Update time unavailable
-$79.64Update time unavailable
-$50.40Update time unavailable
-$21.16Update time unavailable
$0.00Update time unavailable
$8.08Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Spot referenceUpdate time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update time unavailable
$18.00Update 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 $26.82 per share after premium; the shares can keep falling.

Stage C would sell a $32.00 call for about $0.17, lowering the effective basis further.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 29, 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.