OXM Cash-Secured Put Strategy
OXM (Oxford Industries, Inc.), in the Consumer Cyclical sector, (Apparel - Manufacturers industry), listed on NYSE.
Oxford Industries, Inc. (OII) operates globally as a lifestyle apparel and accessories enterprise, engaged in the development, procurement, promotion, and sale of various branded products. Its portfolio includes several distinct labels: Tommy Bahama: Offers a diverse range of men's and women's casual wear and related merchandise. Lilly Pulitzer: Specializes in women's and girls' apparel, including dresses, sportswear, and an array of accessories like scarves, bags, jewelry, belts, footwear, and children's swimwear. Southern Tide: Focuses on men's clothing such as shirts, pants, shorts, outerwear, ties, and swimwear, complemented by footwear and accessories, with growing collections for women and youth. OII also manages additional brands: The Beaufort Bonnet Company: Provides upscale children's attire and accessories, encompassing bonnets, hats, clothing, and swimwear, sold through its e-commerce site and wholesale partners. Duck Head: Delivers men's apparel, specifically pants, shorts, and tops, available via its website and wholesale specialty retailers.
OXM (Oxford Industries, Inc.) trades in the Consumer Cyclical sector, specifically Apparel - Manufacturers, with a market capitalization of approximately $535.0M, a beta of 1.01 versus the broader market, a 52-week range of 30.57-51.61, average daily share volume of 425K, a public-listing history dating back to 1980, approximately 6K full-time employees. These structural characteristics shape how OXM stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.01 places OXM roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. OXM pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a cash-secured put on OXM?
A cash-secured put sells an out-of-the-money put while holding cash equal to the strike-times-100 obligation, keeping the premium when the underlying stays above the strike.
Current OXM snapshot
As of June 30, 2026, spot at $35.10, ATM IV 70.40%, IV rank 36.11%, expected move 20.18%. The cash-secured put on OXM below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.
Why this cash-secured put structure on OXM specifically: OXM IV at 70.40% is mid-range versus its 1-year history, so the credit collected on a OXM cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 20.18% (roughly $7.08 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated OXM expiries trade a higher absolute premium for lower per-day decay. Position sizing on OXM should anchor to the underlying notional of $35.10 per share and to the trader's directional view on OXM stock.
OXM cash-secured put setup
The OXM cash-secured put below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With OXM near $35.10, the first option leg uses a $33.35 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed OXM chain at a 17-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 OXM shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $33.35 | N/A |
OXM cash-secured put risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
OXM cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put on OXM. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use cash-secured put on OXM
Cash-secured puts on OXM earn premium while a trader waits to acquire OXM stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning OXM.
OXM thesis for this cash-secured put
The market-implied 1-standard-deviation range for OXM extends from approximately $28.02 on the downside to $42.18 on the upside. A OXM cash-secured put lets a trader earn premium while waiting to acquire OXM at the strike price; the strategy is most attractive when the trader is comfortable holding the underlying at that level and IV is rich enough to compensate for the assignment risk. Current OXM IV rank near 36.11% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on OXM should anchor more to the directional view and the expected-move geometry. As a Consumer Cyclical name, OXM options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to OXM-specific events.
OXM cash-secured put positions are structurally neutral to slightly bullish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. OXM positions also carry Consumer Cyclical sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move OXM alongside the broader basket even when OXM-specific fundamentals are unchanged. Short-premium structures like a cash-secured put on OXM carry tail risk when realized volatility exceeds the implied move; review historical OXM earnings reactions and macro stress periods before sizing. Always rebuild the position from current OXM chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on OXM?
- A cash-secured put on OXM is the cash-secured put strategy applied to OXM (stock). The strategy is structurally neutral to slightly bullish: A cash-secured put sells an out-of-the-money put while holding cash equal to the strike-times-100 obligation, keeping the premium when the underlying stays above the strike. With OXM stock trading near $35.10, the strikes shown on this page are snapped to the nearest listed OXM chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are OXM cash-secured put max profit and max loss calculated?
- Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium. For the OXM cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 70.40%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a OXM cash-secured put?
- The breakeven for the OXM cash-secured put priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current OXM market-implied 1-standard-deviation expected move is approximately 20.18%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a cash-secured put on OXM?
- Cash-secured puts on OXM earn premium while a trader waits to acquire OXM stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning OXM.
- How does current OXM implied volatility affect this cash-secured put?
- OXM ATM IV is at 70.40% with IV rank near 36.11%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.