TickerRisk

The Wheel

Best cash-secured put candidates across the S&P 500 · estimated premium, annualized yield, assignment odds & catalyst risk · research only

The Wheel Cash-Secured Puts Covered Calls Bull Put Spread soon Iron Condor soon All strategies
Premiums are indicative. Figures shown are estimates based on recent market data and may differ from the live bid at execution — the gap is widest on thinner or less-liquid names (flagged with a ~), where quotes can be stale. Always confirm the current quote in your broker before placing a trade.
The wheel: sell a cash-secured put on a stock you'd be happy to own. Keep the premium if it expires out-of-the-money; if assigned, you buy at your breakeven and sell covered calls from there. Pick your moneyness (OTM to buy at a discount, ITM for deep premium and near-certain assignment) and assignment odds, then we rank by annualized income computed off time value only (so ITM yields stay honest) — gated by our Risk Score so a hidden catalyst doesn't blow up the trade.
Expiry
Moneyness (where you sell the put)
Assignment odds (strike aggressiveness)
Quality gates
Stock safety (you may have to hold it)
Filters
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Disclaimer: TickerRisk is a research tool only. Nothing on this page is financial advice. Premiums are estimates and may differ from the live bid at execution, especially on less-liquid contracts — always confirm the current quote in your broker before trading. Full disclaimer