Oracle Corp

ORCLNYSE · USD
137.10USD0.00 (-1.75%)
392

Oracle Corp (ORCL) Wheel Strategy

ORCL wheel strategy scan found 292 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 114.4%.

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

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle application licenses; and Oracle license support services.

In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database, an enterprise database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, MySQL HeatWave, Internet-of-Things, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware services; and consulting and customer services. The company markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.

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

Oct 2, 2026136.00$2.92$2.99-0.43720%53.8%114.4%1,123
Oct 2, 2026135.00$2.49$2.52-0.39720%58.1%97.3%3,745
Oct 9, 2026136.00$4.60$4.68-0.441420%52.0%89.6%325
Oct 2, 2026134.00$2.08$2.12-0.35720%62.3%82.5%684
Oct 9, 2026135.00$4.10$4.18-0.411420%55.0%80.6%985
Oct 16, 2026136.00$5.70$5.83-0.442120%51.1%74.4%298
Oct 9, 2026134.00$3.65$3.73-0.381420%58.1%72.5%385
Oct 16, 2026135.00$5.25$5.33-0.422120%53.6%68.6%10,330
Oct 2, 2026133.00$1.73$1.75-0.30720%66.4%68.4%909
Oct 23, 2026136.00$6.60$6.73-0.442820%50.5%64.5%194

As of September 25, 2026

Run the Wheel on ORCL With Confidence

Find the best ORCL wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.

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