Home › FCX

FCX wheel strategy yields

Last price $62.97 · Expiry 2026-12-04 (32 DTE) · IV 53% · Next earnings 2027-01-21

Cash-secured put

36.9% annualized
Strike
$59.0
Premium (mid)
$1.91 (bid 1.68 / ask 2.14)
Yield
3.24% (premium ÷ strike)
Delta
-0.31
Option IV
52.8%
Open interest
21

Covered call

33.0% annualized
Strike
$69.0
Premium (mid)
$1.82 (bid 1.31 / ask 2.34)
Yield
2.89% (premium ÷ price)
Delta
0.309
Option IV
53.5%
Open interest
8

Selling one FCX put requires ~$5,900 cash collateral per contract. Figures are mid-prices from delayed data as of 2026-11-02.

Get the weekly Wheel picks

Top 10 premium setups + earnings to avoid, every Sunday. Free.