Fermi Inc
Fermi Inc (FRMI) Wheel Strategy
FRMI wheel strategy scan found 25 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 319.4%.
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Running a FRMI wheel strategy lets you generate consistent premium income on Fermi Inc while setting your own entry and exit prices on the underlying. Fermi 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 FRMI, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best FRMI 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 FRMI, 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 FRMI wheel from a losing one.
Fermi, Inc. engages in the development of energy infrastructure. It intends to develop an energy and data center development campus to support the needs of to-be-built AI infrastructure. The company was founded by Rick Perry, Toby Neugebauer and Griffin Perry on January 10, 2025 and is headquartered in Amrillo, TX.
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 FRMI wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your FRMI wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Sep 25, 2026 | 5.00 | $0.15 | $0.18 | -0.43 | 4 | — | 52.6% | 319.4% | 3,437 |
| Oct 2, 2026 | 4.50 | $0.10 | $0.13 | -0.22 | 11 | — | 71.7% | 92.2% | 2,126 |
| Oct 9, 2026 | 4.50 | $0.15 | $0.20 | -0.26 | 18 | — | 65.7% | 90.1% | 400 |
| Oct 16, 2026 | 4.50 | $0.20 | $0.25 | -0.27 | 25 | — | 62.0% | 81.1% | 0 |
| Oct 30, 2026 | 4.50 | $0.30 | $0.38 | -0.30 | 39 | — | 57.4% | 78.0% | 24 |
| Oct 23, 2026 | 4.50 | $0.25 | $0.30 | -0.29 | 32 | — | 59.4% | 76.0% | 650 |
| Nov 20, 2026 | 4.00 | $0.30 | $0.33 | -0.22 | 60 | — | 64.1% | 49.4% | 3,527 |
| Dec 18, 2026 | 4.00 | $0.40 | $0.45 | -0.23 | 88 | — | 58.8% | 46.7% | 12,793 |
| Jan 15, 2027 | 4.00 | $0.50 | $0.55 | -0.24 | 116 | — | 55.1% | 43.3% | 10,620 |
| Oct 23, 2026 | 4.00 | $0.10 | $0.15 | -0.17 | 32 | — | 73.3% | 42.8% | 1 |
As of September 22, 2026
Run the Wheel on FRMI With Confidence
Find the best FRMI 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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