Home › XOP

XOP wheel strategy yields

Last price $193.56 · Expiry 2026-12-04 (32 DTE) · IV 43% · Next earnings n/a

Cash-secured put

22.8% annualized
Strike
$183.0
Premium (mid)
$3.65 (bid 2.64 / ask 4.65)
Yield
1.99% (premium ÷ strike)
Delta
-0.298
Option IV
40.3%
Open interest
1

Covered call

21.7% annualized
Strike
$210.0
Premium (mid)
$3.68 (bid 2.66 / ask 4.7)
Yield
1.9% (premium ÷ price)
Delta
0.299
Option IV
46.3%
Open interest
2

Selling one XOP put requires ~$18,300 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.