Outset Medical Inc (OM) Wheel Strategy

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

Outset Medical, Inc., a medical technology company, develops a hemodialysis system for dialysis. It provides the Tablo Hemodialysis System, which comprises a compact console with integrated water purification, on-demand dialysate production, and software and connectivity capabilities for dialysis care in acute and home settings. The company was formerly known as Home Dialysis Plus, Ltd. and changed its name to Outset Medical, Inc. in January 2015. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, 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 OM wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your OM wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.