Myomo Inc (MYO) Wheel Strategy

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

Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States. The company offers MyoPro, a myoelectric-controlled upper limb brace or orthosis product used for supporting a patient's weak or paralyzed arm to enable and improve functional activities of daily living. Its products are designed to help improve function in adults and adolescents with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cord injury, and other neurological disorders. The company sells its products to orthotics and prosthetics providers, the Veterans Health Administration, and rehabilitation hospitals, as well as through distributors.

Myomo, Inc. was incorporated in 2004 and is headquartered in Boston, Massachusetts.

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