Five Point Holdings LLC (FPH) Wheel Strategy

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

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, medical campus, and other properties; and provides development and property management services. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016.

Five Point Holdings, LLC was incorporated in 2009 and is headquartered in Irvine, California.

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