Carlyle Secured Lending Inc (CGBD) Wheel Strategy

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

TCG BDC, Inc. is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

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