Running a FLNG wheel strategy lets you generate consistent premium income on Flex Lng Ltd while setting your own entry and exit prices on the underlying. Flex Lng 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 FLNG, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best FLNG 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 FLNG, 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 FLNG wheel from a losing one.
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, 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 FLNG wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your FLNG wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
