Running a LPG wheel strategy lets you generate consistent premium income on Dorian LPG Ltd while setting your own entry and exit prices on the underlying. Dorian LPG Ltd's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own LPG, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best LPG 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 LPG, 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 LPG wheel from a losing one.
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 27, 2022, its fleet consisted of twenty-two VLGCs. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.
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 LPG wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your LPG wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
