Optionable companies ranked by wheel-strategy suitability

This screener reviews and suggests businesses that are genuinely profitable (positive net income and operating cash flow), have stable or growing revenue, and have listed options (weekly or monthly) — the minimum required to run a wheel strategy. The Wheel score ranks each company by how suitable it is for selling covered calls and cash-secured puts: a blend of fundamental safety, volatility profile, earnings proximity, price level, and options liquidity. It is a risk-avoidance metric, not a return forecast.

Net income > 0 Operating cash flow > 0 Revenue not in decline Listed options (weekly or monthly) Stock price under $120

Top 15 Companies by Wheel Score

Screen results

Sorted highest to lowest by Wheel score (0–100): 40% fundamental safety (quality + valuation + margin stability) + 20% volatility profile (sweet spot 25–45% realised vol) + 20% earnings proximity (days until next report) + 10% price level + 10% options type. Minus 8 points per accounting/quality flag. ⚠ beside a ticker = accounting flag (hover for detail). Not a return forecast.

Column definitions — Screen

Wheel: Options-income suitability score (0–100). Higher = better fundamentals, volatility profile, earnings breathing room, and options liquidity. Not a return forecast.
Rev CAGR: 3-year compound annual revenue growth rate from SEC XBRL filings.
Margin: Net profit margin. Unreliable for banks, insurance, and REITs.
ROE: Return on equity: how efficiently the business uses its capital base.
Val: Valuation score (0–100). Higher = cheaper on forward P/E, EV/EBITDA, price/sales, FCF yield, and PEG ratio.
Qual: Quality score (0–100). Higher = better ROIC, ROE, FCF margin, low leverage, strong interest coverage, low accruals.

Wheel Scanner — Options Opportunities

Top 15 contracts

The top covered-call (CC) and cash-secured put (CSP) contracts from the companies above, ranked by Opportunity Score (40% annualised yield + 30% OTM cushion + 20% liquidity + 10% delta fit). CC: own shares, sell upside. CSP: hold cash, sell downside. Both collect premium upfront. Delta via Black-Scholes from reported implied volatility. DTE range: 4–32 days. Prices are point-in-time at publication — not live.

Important: This page is for research and educational purposes only. Nothing here constitutes financial advice, a solicitation, or a recommendation to buy or sell any security or options contract. All figures are derived from public filings (SEC EDGAR) and third-party data sources and may contain errors or be out of date. Options trading involves significant risk of loss and is not suitable for all investors. Always conduct your own due diligence and consult a qualified financial adviser before making investment decisions.