Wheel Strategy

Scholastic Corp

SCHLNASDAQ · USD

38.08USD-0.47 (-1.22%)

959

Scholastic Corp (SCHL) Wheel Strategy

SCHL wheel strategy scan found 11 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 55.4%.

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

Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and fair channels, as well as trade channels. Its original publications include the Harry Potter, Hunger Games, Bad Guys, Baby-Sitters Club graphic novels, Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, Goosebumps, and Clifford The Big Red Dog; and licensed properties comprise the Peppa Pig and Pokemon.

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


Nov 20, 2026	37.50	$0.80	$1.03	-0.37	18	33%	59.3%	55.4%	38
Dec 18, 2026	37.50	$0.05	$1.88	-0.39	46	33%	54.6%	39.7%	0
Jan 15, 2027	37.50	$0.50	$2.25	-0.39	74	33%	52.6%	29.6%	0
Mar 19, 2027	37.50	$2.35	$3.88	-0.39	137	33%	50.2%	27.5%	4
Mar 19, 2027	35.00	$1.50	$3.05	-0.31	137	33%	59.8%	23.2%	1
Jun 17, 2027	35.00	$2.10	$3.85	-0.31	227	33%	55.8%	17.7%	0
Mar 19, 2027	32.50	$0.60	$2.15	-0.24	137	33%	69.4%	17.6%	0
Jun 17, 2027	32.50	$1.25	$2.93	-0.25	227	33%	63.6%	14.5%	0
Mar 19, 2027	30.00	$0.80	$1.50	-0.17	137	33%	78.5%	13.3%	24
Jun 17, 2027	30.00	$0.80	$2.35	-0.20	227	33%	71.4%	12.6%	0

As of Nov 2, 2026

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