Running a SKYW wheel strategy lets you generate consistent premium income on Skywest Inc while setting your own entry and exit prices on the underlying. Skywest 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 SKYW, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best SKYW 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 SKYW, 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 SKYW wheel from a losing one.
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 629 aircraft; and provided scheduled passenger and air freight services with approximately 2,080 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean. In addition, it offers airport customer and ground handling services for other airlines. SkyWest, Inc.
was incorporated in 1972 and is headquartered in St. George, Utah.
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 SKYW wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your SKYW wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
