Tyra Biosciences Inc
Tyra Biosciences Inc (TYRA) Wheel Strategy
TYRA 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 142.1%.
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Running a TYRA wheel strategy lets you generate consistent premium income on Tyra Biosciences Inc while setting your own entry and exit prices on the underlying. Tyra Biosciences 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 TYRA, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best TYRA 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 TYRA, 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 TYRA wheel from a losing one.
Tyra Biosciences, Inc., a preclinical-stage biopharmaceutical company, focuses on developing therapies to overcome tumor resistance and enhance outcomes for patients with cancer. Its lead product candidate is TYRA-300, a selective inhibitor of fibroblast growth factor receptor (FGFR)3 for the treatment of muscle invasive bladder cancer. The company is also developing programs targeting FGFR2- intrahepatic cholangiocarcinoma,FGFR3-related achondroplasia, REarranged during transfection kinase, and FGFR4-related cancers. In addition, the company offers SNAP platform which enable rapid structural design through iterative molecular SNAPshots.
Tyra Biosciences, Inc. was incorporated in 2018 and is based in Carlsbad, California.
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 TYRA wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your TYRA wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Oct 16, 2026 | 25.00 | $0.95 | $2.73 | -0.40 | 28 | 4% | 53.0% | 142.1% | 14 |
| Feb 19, 2027 | 20.00 | $0.10 | $2.50 | -0.22 | 154 | 4% | 64.8% | 29.6% | 2 |
| Feb 19, 2027 | 22.50 | $0.45 | $2.68 | -0.29 | 154 | 4% | 54.6% | 28.2% | 1 |
| May 21, 2027 | 22.50 | $2.00 | $4.20 | -0.28 | 245 | 4% | 50.2% | 27.8% | 0 |
| May 21, 2027 | 20.00 | $1.80 | $3.65 | -0.23 | 245 | 4% | 58.5% | 27.2% | 0 |
As of September 21, 2026
Run the Wheel on TYRA With Confidence
Find the best TYRA 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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