Applied Optoelectronics Inc
Applied Optoelectronics Inc (AAOI) Wheel Strategy
AAOI wheel strategy scan found 148 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 308.9%.
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Running a AAOI wheel strategy lets you generate consistent premium income on Applied Optoelectronics Inc while setting your own entry and exit prices on the underlying. Applied Optoelectronics Inc's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own AAOI, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best AAOI wheel strategy setups in real time.
The wheel works best on liquid, high-quality names with stable fundamentals and active options markets — exactly the profile many large-cap leaders fit. The mechanics are simple: sell a cash-secured put on AAOI, collect premium, and either keep the premium if it expires worthless or take assignment at a discount to current price. Once assigned, sell covered calls against the shares to keep collecting premium until they're called away. Choosing the right strikes, expirations, and IV environment is what separates a profitable AAOI wheel from a losing one.
Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, subassemblies, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to internet data center operators, cable television and telecom equipment manufacturers, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.
The difference between a wheel that compounds and one that bleeds comes down to strike selection, IV timing, and discipline on assignment. Our scanner handles the heavy lifting: it ranks every leg of the AAOI wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your AAOI wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Oct 2, 2026 | 96.00 | $3.00 | $3.25 | -0.44 | 4 | 5% | 52.3% | 308.9% | 196 |
| Oct 2, 2026 | 95.00 | $2.70 | $2.85 | -0.40 | 4 | 5% | 57.0% | 273.8% | 946 |
| Oct 2, 2026 | 94.00 | $2.35 | $2.50 | -0.36 | 4 | 5% | 61.7% | 242.7% | 372 |
| Oct 2, 2026 | 93.00 | $1.95 | $2.08 | -0.32 | 4 | 5% | 66.2% | 203.6% | 239 |
| Oct 2, 2026 | 91.00 | $1.40 | $1.80 | -0.27 | 4 | 5% | 74.7% | 180.5% | 121 |
| Oct 2, 2026 | 92.00 | $1.50 | $1.73 | -0.28 | 4 | 5% | 70.6% | 171.1% | 408 |
| Oct 9, 2026 | 95.00 | $4.20 | $4.65 | -0.42 | 11 | 5% | 52.4% | 162.4% | 181 |
| Oct 9, 2026 | 94.00 | $3.70 | $4.15 | -0.39 | 11 | 5% | 55.2% | 146.5% | 526 |
| Oct 9, 2026 | 93.00 | $3.30 | $3.75 | -0.36 | 11 | 5% | 58.0% | 133.8% | 60 |
| Oct 16, 2026 | 95.00 | $5.50 | $6.00 | -0.42 | 18 | 5% | 50.5% | 128.1% | 641 |
As of September 29, 2026
Run the Wheel on AAOI With Confidence
Find the best AAOI wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.
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