Deutsche Bank AG

DBNYSE · USD
35.62USD-0.25 (-0.70%)
727

Deutsche Bank AG (DB) Wheel Strategy

DB wheel strategy scan found 51 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 40.1%.

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

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers merger and acquisitions, and equity advisory services. This segment also focuses on financing, advisory, fixed income, risk management, sales and trading, and currencies. Its Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice, such as environmental, social, and governance products.

This segment also provides wealth management, postal and parcel services, and digital offerings. The company's Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; passive investments; and various services, including insurance and pension solutions, asset liability management, portfolio management solutions, asset allocation advisory, structuring, and overlay to institutions, governments, corporations and foundations, and individual investors. As of December 31, 2021, it operated 1,709 branches in 58 countries. The company was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

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

Oct 16, 202637.00$0.80$0.98-0.402429%56.5%40.1%228
Nov 20, 202637.00$1.55$1.70-0.415929%53.7%28.4%41
Oct 16, 202636.00$0.50$0.60-0.292429%68.6%25.3%133
Nov 20, 202636.00$1.15$1.33-0.345929%61.6%22.8%0
Jan 15, 202737.00$2.15$2.33-0.4111529%52.1%19.9%8
Nov 20, 202635.00$0.85$1.03-0.285929%69.3%18.1%4
Oct 16, 202635.00$0.25$0.40-0.202429%79.2%17.4%235
Jan 15, 202736.00$1.75$1.93-0.3511529%57.9%17.0%199
Apr 16, 202737.00$3.00$3.20-0.3920629%50.9%15.3%0
Jan 15, 202735.00$1.40$1.58-0.3011529%63.6%14.3%2,357

As of September 23, 2026

Run the Wheel on DB With Confidence

Find the best DB 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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