Axis Capital Holdings Ltd
Axis Capital Holdings Ltd (AXS) Wheel Strategy
AXS 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 17.1%.
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Running a AXS wheel strategy lets you generate consistent premium income on Axis Capital Holdings Ltd while setting your own entry and exit prices on the underlying. Axis Capital Holdings Ltd's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own AXS, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best AXS 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 AXS, 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 AXS wheel from a losing one.
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, and hull war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers.
In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; credit and surety; and motor liability products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; marine and aviation reinsurance products; and personal accident, specialty health, accidental death, travel, life and disability reinsurance products. The company was founded in 2001 and is headquartered 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 AXS wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your AXS wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Nov 20, 2026 | 95.00 | $1.30 | $2.80 | -0.32 | 63 | 6% | 68.4% | 17.1% | 0 |
| Dec 18, 2026 | 95.00 | $2.05 | $3.48 | -0.33 | 91 | 6% | 65.8% | 14.7% | 5 |
| Oct 16, 2026 | 95.00 | $0.60 | $1.05 | -0.24 | 28 | 6% | 76.0% | 14.4% | 13 |
| Nov 20, 2026 | 90.00 | $0.90 | $1.60 | -0.20 | 63 | 6% | 85.3% | 10.3% | 2 |
| Mar 19, 2027 | 95.00 | $2.90 | $4.65 | -0.33 | 182 | 6% | 62.1% | 9.8% | 1 |
| Dec 18, 2026 | 90.00 | $1.35 | $2.05 | -0.22 | 91 | 6% | 81.1% | 9.1% | 13 |
| Mar 19, 2027 | 90.00 | $1.45 | $3.18 | -0.25 | 182 | 6% | 73.9% | 7.1% | 8 |
| Mar 19, 2027 | 85.00 | $0.65 | $2.33 | -0.18 | 182 | 6% | 84.0% | 5.5% | 0 |
| Mar 19, 2027 | 80.00 | $0.35 | $2.03 | -0.14 | 182 | 6% | 91.4% | 5.1% | 0 |
| Mar 19, 2027 | 75.00 | $0.05 | $1.58 | -0.11 | 182 | 6% | 96.1% | 4.2% | 0 |
As of September 23, 2026
Run the Wheel on AXS With Confidence
Find the best AXS 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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