Good Times Restaurants Inc (GTIM) Wheel Strategy

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

Good Times Restaurants Inc., through its subsidiaries, engages in the restaurant business in the United States. The company operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant. As of December 15, 2021, it operated, franchised, or licensed 42 Bad Daddy's Burger Bar restaurants; and 32 Good Times Burgers & Frozen Custard restaurants. The company was incorporated in 1987 and is based in Golden, Colorado.

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