HSBC Holdings plc ADR

HSBCNYSE · USD
100.95USD0.00 (+0.78%)
259

HSBC Holdings plc ADR (HSBC) Wheel Strategy

HSBC wheel strategy scan found 118 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 146.0%.

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

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions. This segment serves personal banking and high net worth individuals.

The Commercial Banking segment provides credit and lending, treasury management, payment, cash management, commercial insurance, and investment services; commercial cards; international trade and receivables finance services; foreign exchange products; capital raising services on debt and equity markets; and advisory services. It serves small and medium sized enterprises, mid-market enterprises, and corporates. The Global Banking and Markets segment offers financing, advisory, and transaction services; and credit, rates, foreign exchange, equities, money markets, and securities services; and engages in principal investment activities. It serves government, corporate and institutional clients, and private investors. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.

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

Sep 25, 2026100.00$0.05$0.40-0.44144%56.3%146.0%112
Oct 2, 2026100.00$1.00$1.23-0.46844%51.9%55.9%42
Oct 2, 202699.00$0.80$0.93-0.36844%62.3%42.6%1,009
Oct 9, 2026100.00$0.90$1.68-0.461544%51.5%40.8%12
Oct 16, 2026100.00$2.05$2.20-0.462244%51.3%36.5%920
Oct 23, 202699.00$0.80$2.65-0.412944%56.6%33.7%0
Oct 30, 2026100.00$2.25$3.18-0.463644%51.1%32.2%17
Nov 6, 2026100.00$1.75$3.78-0.454344%51.1%32.0%0
Oct 9, 202699.00$0.35$1.30-0.381544%59.0%32.0%3
Oct 2, 202698.00$0.55$0.68-0.27844%71.9%31.4%3

As of September 25, 2026

Run the Wheel on HSBC With Confidence

Find the best HSBC 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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