Rimini Street Inc (RMNI) Wheel Strategy

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

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

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