Running a TSEM wheel strategy lets you generate consistent premium income on Tower Semiconductor Ltd while setting your own entry and exit prices on the underlying. Tower Semiconductor Ltd's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own TSEM, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best TSEM 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 TSEM, 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 TSEM wheel from a losing one.
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The company also offers wafer fabrication services and design enablement platform for design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products.
The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
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 TSEM wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your TSEM wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
