Running a SPG wheel strategy lets you generate consistent premium income on Simon Property Group Inc while setting your own entry and exit prices on the underlying. Simon Property Group 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 SPG, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best SPG 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 SPG, 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 SPG wheel from a losing one.
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
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 SPG wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your SPG wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
