HP Inc

HPQNYSE · USD
31.14USD-1.02 (-3.18%)
8610

HP Inc (HPQ) Wheel Strategy

HPQ wheel strategy scan found 148 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 242.4%.

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

HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and peripherals, software, support, and services. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services.

The Corporate Investments segment is involved in the HP Labs and business incubation, and investment projects. It serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, 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 HPQ wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your HPQ wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.

Sep 25, 202632.00$0.29$0.43-0.44271%55.2%242.4%828
Sep 25, 202631.50$0.19$0.27-0.30271%71.9%153.5%394
Oct 2, 202632.00$0.82$0.96-0.45971%51.4%121.7%853
Oct 9, 202632.00$1.13$1.28-0.451671%50.4%90.9%143
Oct 2, 202631.50$0.53$0.67-0.37971%59.3%85.6%108
Sep 25, 202631.00$0.07$0.14-0.19271%85.0%82.4%512
Oct 9, 202631.50$0.71$0.96-0.391671%56.3%69.2%13
Oct 2, 202631.00$0.40$0.48-0.30971%66.9%62.8%200
Oct 16, 202631.50$1.06$1.19-0.402371%54.7%59.7%83
Oct 23, 202631.50$1.23$1.44-0.413071%53.6%55.4%95

As of September 23, 2026

Run the Wheel on HPQ With Confidence

Find the best HPQ 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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