LXP Industrial Trust (LXP) Wheel Strategy

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

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

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