Running a STRF wheel strategy lets you generate consistent premium income on Strategy Inc - 10.00% Series A Perpetual Strife Preferred Stock while setting your own entry and exit prices on the underlying. Strategy Inc - 10.00% Series A Perpetual Strife Preferred Stock's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own STRF, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best STRF 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 STRF, 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 STRF wheel from a losing one.
STRF is a perpetual preferred stock offering a fixed 10% annual dividend on a $100 stated amount, with dividends paid quarterly in cash. The stock is designed to provide income-focused investors with a high-yield investment linked to MicroStrategy's significant Bitcoin assets.
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 STRF wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your STRF wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
