ADTRAN Holdings Inc
ADTRAN Holdings Inc (ADTN) Wheel Strategy
ADTN wheel strategy scan found 10 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 40.0%.
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Running a ADTN wheel strategy lets you generate consistent premium income on ADTRAN Holdings Inc while setting your own entry and exit prices on the underlying. ADTRAN Holdings 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 ADTN, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best ADTN 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 ADTN, 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 ADTN wheel from a losing one.
ADTRAN Holdings, Inc., through its subsidiaries, provides end-to-end fiber networking solutions for communications service provider, enterprises, and government customers in the United States, Germany, the United Kingdom, Mexico, and internationally. It operates through two segments, Network Solutions, and Services & Support. The company offers fiber access and fiber to the node platforms; transceivers, cables, and other miscellaneous materials; passive optical network optical line terminals; fiber to the distribution point Gfast distribution point units; cabinet and outside plant enclosures and services; packet optical transports; fixed wireless access platforms; and network management and subscriber services, and control and orchestration software.
It also provides broadband customer premises solutions, ethernet switches and routers, residential gateways, cloud-based software-as-a-service management platforms, virtual wireless local area networks, Internet of Things gateways, pre-sale and post-sale technical support, and multi-gigabit mesh Wi-Fi gateways. In addition, the company offers time division multiplexed and asynchronous transfer mode-based aggregation systems and customer devices; and high-bit-rate and asymmetric digital subscriber line, and other technologies. Further, it provides other access and aggregation, subscriber and experience, and traditional and other products, software, and services. Additionally, the company engages in the provision of planning, engineering, program management, maintenance, installation, and commissioning services to implement customer network solutions; and customer devices solutions into consumer, small business, and enterprise locations. ADTRAN Holdings, Inc. is headquartered in Huntsville, Alabama.
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 ADTN wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your ADTN wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Nov 20, 2026 | 6.00 | $0.25 | $0.38 | -0.26 | 57 | 34% | 68.0% | 40.0% | 45 |
| Oct 16, 2026 | 6.00 | $0.05 | $0.13 | -0.18 | 22 | 34% | 80.6% | 34.6% | 11 |
| Jan 15, 2027 | 6.00 | $0.50 | $0.60 | -0.28 | 113 | 34% | 60.3% | 32.3% | 25 |
| Feb 19, 2027 | 6.00 | $0.45 | $0.73 | -0.28 | 148 | 34% | 57.5% | 29.8% | 17 |
| May 21, 2027 | 6.00 | $0.75 | $1.13 | -0.28 | 239 | 34% | 52.7% | 28.6% | 0 |
| May 21, 2027 | 5.00 | $0.30 | $0.70 | -0.19 | 239 | 34% | 66.2% | 21.4% | 0 |
| Feb 19, 2027 | 5.00 | $0.15 | $0.43 | -0.17 | 148 | 34% | 73.6% | 21.0% | 17 |
| Nov 20, 2026 | 5.00 | $0.05 | $0.15 | -0.12 | 57 | 34% | 88.2% | 19.2% | 213 |
| Jan 15, 2027 | 5.00 | $0.05 | $0.25 | -0.15 | 113 | 34% | 77.9% | 16.2% | 16 |
| Feb 19, 2027 | 4.00 | $0.05 | $0.18 | -0.09 | 148 | 34% | 88.0% | 10.8% | 5 |
As of September 25, 2026
Run the Wheel on ADTN With Confidence
Find the best ADTN 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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