Pitney Bowes Inc

PBINYSE · USD
16.26USD-0.10 (-0.65%)
939

Pitney Bowes Inc (PBI) Wheel Strategy

PBI wheel strategy scan found 22 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 44.6%.

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

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts.

The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions, financing, services, supplies, and other applications for sending, tracking and receiving of letters, parcels, and flats. Pitney Bowes Inc. markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 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 PBI wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your PBI wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.

Oct 16, 202616.00$0.30$0.45-0.402327%55.7%44.6%114
Nov 20, 202615.00$0.25$0.98-0.325827%68.1%40.9%11
Nov 20, 202616.00$0.80$1.00-0.415827%52.6%39.3%58
Dec 18, 202616.00$0.75$1.13-0.418627%51.5%29.8%6
Jan 15, 202716.00$0.85$1.15-0.4011427%50.8%23.0%23
Dec 18, 202615.00$0.40$0.78-0.308627%64.5%21.9%1
Jan 15, 202715.00$0.70$0.98-0.3111427%62.1%20.8%100
Apr 16, 202715.00$0.95$1.43-0.3220527%57.8%16.9%0
Dec 18, 202614.00$0.15$0.53-0.218627%76.6%15.9%12
Jan 21, 20288.00$0.20$1.65-0.1148527%92.3%15.5%206

As of September 24, 2026

Run the Wheel on PBI With Confidence

Find the best PBI 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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