Pebblebrook Hotel Trust (PEB) Wheel Strategy

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

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 53 hotels, totaling approximately 13,200 guestrooms across 14 urban and resort markets, with a focus on the west coast gateway cities.

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