Amazon.com Inc

AMZNNASDAQ · USD
246.15USD0.00 (-1.41%)
5107

Amazon.com Inc (AMZN) Wheel Strategy

AMZN wheel strategy scan found 550 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 56.5%.

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Running a AMZN wheel strategy lets you generate consistent premium income on Amazon.com Inc while setting your own entry and exit prices on the underlying. Amazon.com 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 AMZN, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best AMZN 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 AMZN, 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 AMZN wheel from a losing one.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). Its products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products in its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content.

Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program. The company serves consumers, sellers, developers, enterprises, content creators, and advertisers. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

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 AMZN wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your AMZN wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.

Oct 2, 2026247.50$2.59$2.68-0.39740%57.8%56.5%1,199
Sep 30, 2026247.50$1.73$1.89-0.37540%59.4%55.6%1,773
Oct 5, 2026247.50$2.90$3.15-0.401040%56.5%46.5%56
Oct 9, 2026247.50$4.15$4.30-0.421440%55.4%45.3%327
Oct 7, 2026247.50$2.41$3.61-0.411240%55.9%44.3%0
Oct 2, 2026245.00$1.80$1.84-0.30740%66.7%39.2%3,400
Sep 28, 2026247.50$0.76$0.80-0.29340%62.4%39.1%1,452
Oct 30, 2026245.00$8.85$9.05-0.403540%57.2%38.5%812
Oct 16, 2026247.50$5.25$5.38-0.422140%54.3%37.7%434
Oct 9, 2026245.00$3.20$3.30-0.351440%61.8%35.1%1,556

As of September 25, 2026

Run the Wheel on AMZN With Confidence

Find the best AMZN 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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