State Street SPDR S&P Capital Markets ETF
State Street SPDR S&P Capital Markets ETF (KCE) Wheel Strategy
KCE wheel strategy scan found 35 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 29.0%.
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Running a KCE wheel strategy lets you generate consistent premium income on State Street SPDR S&P Capital Markets ETF while setting your own entry and exit prices on the underlying. State Street SPDR S&P Capital Markets ETF's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own KCE, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best KCE 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 KCE, 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 KCE wheel from a losing one.
The State Street SPDR S&P Capital Markets ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Capital Markets Select Industry Index (the "Index")Seeks to provide exposure to the capital markets segment of the S&P TMI, which comprises the following sub-industries: Asset Management & Custody Banks, Diversified Capital Markets, Financial Exchanges & Data, and Investment Banking & BrokerageSeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing
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 KCE wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your KCE wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Oct 16, 2026 | 155.00 | $2.00 | $3.70 | -0.42 | 30 | 55% | 56.9% | 29.0% | 0 |
| Dec 18, 2026 | 157.00 | $4.50 | $6.70 | -0.45 | 93 | 55% | 50.2% | 16.7% | 1 |
| Dec 18, 2026 | 156.00 | $4.30 | $6.65 | -0.43 | 93 | 55% | 52.6% | 16.7% | 1 |
| Dec 18, 2026 | 155.00 | $3.70 | $6.10 | -0.41 | 93 | 55% | 54.9% | 15.4% | 1 |
| Dec 18, 2026 | 154.00 | $3.50 | $5.45 | -0.39 | 93 | 55% | 57.2% | 13.9% | 1 |
| Dec 18, 2026 | 153.00 | $3.00 | $5.15 | -0.37 | 93 | 55% | 59.6% | 13.2% | 0 |
| Dec 18, 2026 | 152.00 | $3.00 | $4.75 | -0.35 | 93 | 55% | 61.9% | 12.3% | 1 |
| Dec 18, 2026 | 151.00 | $2.15 | $4.58 | -0.33 | 93 | 55% | 64.1% | 11.9% | 2 |
| Mar 19, 2027 | 157.00 | $7.00 | $9.35 | -0.43 | 184 | 55% | 51.2% | 11.8% | 0 |
| Mar 19, 2027 | 156.00 | $6.50 | $8.90 | -0.41 | 184 | 55% | 52.9% | 11.3% | 0 |
As of September 17, 2026
Run the Wheel on KCE With Confidence
Find the best KCE 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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