Ardmore Shipping Corp (ASC) Wheel Strategy

Running a ASC wheel strategy lets you generate consistent premium income on Ardmore Shipping Corp while setting your own entry and exit prices on the underlying. Ardmore Shipping Corp's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own ASC, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best ASC 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 ASC, 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 ASC wheel from a losing one.

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

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