Aehr Test Systems
Aehr Test Systems (AEHR) Wheel Strategy
AEHR wheel strategy scan found 167 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 841.5%.
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Running a AEHR wheel strategy lets you generate consistent premium income on Aehr Test Systems while setting your own entry and exit prices on the underlying. Aehr Test Systems's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own AEHR, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best AEHR 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 AEHR, 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 AEHR wheel from a losing one.
Aehr Test Systems provides test systems for burning-in and testing logic, optical, and memory integrated circuits worldwide. It offers products, such as the ABTS and FOX-P families of test and burn-in systems and FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for lower power and higher power logic devices, as well as various common types of memory devices. The FOX-XP and FOX-NP systems are wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices.
The FOX-CP system is a single-wafer compact test and reliability verification solution for logic, memory, and photonic devices. The WaferPak Contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform final test and burn-in of bare die and modules. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California.
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 AEHR wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your AEHR wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Sep 18, 2026 | 90.00 | $1.65 | $2.08 | -0.45 | 1 | 42% | 54.3% | 841.5% | 449 |
| Sep 18, 2026 | 89.00 | $0.85 | $1.68 | -0.38 | 1 | 42% | 63.5% | 686.9% | 38 |
| Sep 18, 2026 | 86.00 | $0.50 | $1.23 | -0.26 | 1 | 42% | 85.8% | 519.9% | 136 |
| Sep 18, 2026 | 88.00 | $0.15 | $1.08 | -0.30 | 1 | 42% | 72.1% | 445.9% | 53 |
| Sep 18, 2026 | 87.00 | $0.50 | $0.83 | -0.25 | 1 | 42% | 79.6% | 346.1% | 37 |
| Sep 25, 2026 | 89.00 | $4.00 | $4.60 | -0.42 | 8 | 42% | 51.4% | 235.8% | 0 |
| Sep 25, 2026 | 87.00 | $3.10 | $3.80 | -0.37 | 8 | 42% | 57.1% | 199.3% | 21 |
| Sep 18, 2026 | 85.00 | $0.30 | $0.45 | -0.15 | 1 | 42% | 90.7% | 193.2% | 620 |
| Sep 25, 2026 | 88.00 | $3.00 | $3.65 | -0.39 | 8 | 42% | 54.3% | 189.2% | 17 |
| Sep 25, 2026 | 86.00 | $2.85 | $3.33 | -0.34 | 8 | 42% | 60.0% | 176.4% | 14 |
As of September 18, 2026
Run the Wheel on AEHR With Confidence
Find the best AEHR 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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