Spire Inc
Spire Inc (SR) Wheel Strategy
SR wheel strategy scan found 5 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 15.5%.
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Running a SR wheel strategy lets you generate consistent premium income on Spire Inc while setting your own entry and exit prices on the underlying. Spire 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 SR, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best SR 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 SR, 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 SR wheel from a losing one.
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates in two segments, Gas Utility and Gas Marketing. It is also involved in the marketing of natural gas. In addition, the company engages in the transportation of propane through its propane pipeline; compression of natural gas; risk management; and other activities. Further, it provides physical natural gas storage services. The company was formerly known as The Laclede Group, Inc.
and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in St. Louis, Missouri.
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 SR wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your SR wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Dec 18, 2026 | 80.00 | $0.80 | $3.15 | -0.45 | 93 | 26% | 50.1% | 15.5% | 37 |
| Mar 19, 2027 | 80.00 | $2.00 | $4.35 | -0.42 | 184 | 26% | 50.4% | 10.8% | 0 |
| Mar 19, 2027 | 65.00 | $0.05 | $2.53 | -0.18 | 184 | 26% | 87.4% | 7.7% | 1 |
| Mar 19, 2027 | 70.00 | $0.05 | $2.53 | -0.22 | 184 | 26% | 77.1% | 7.2% | 0 |
| Mar 19, 2027 | 75.00 | $0.20 | $2.60 | -0.28 | 184 | 26% | 64.2% | 6.9% | 0 |
As of September 17, 2026
Run the Wheel on SR With Confidence
Find the best SR wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.
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