LoanDepot Inc (LDI) Wheel Strategy

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

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. The company also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. The company was founded in 2010 and is headquartered in Foothill Ranch, 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 LDI wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your LDI wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.