Urban Edge Properties (UE) Wheel Strategy

Running a UE wheel strategy lets you generate consistent premium income on Urban Edge Properties while setting your own entry and exit prices on the underlying. Urban Edge Properties's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own UE, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best UE 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 UE, 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 UE wheel from a losing one.

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.

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 UE wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your UE wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.