Zevia PBC (ZVIA) Wheel Strategy

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

Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated and non-carbonated soft drinks in the United States and Canada. It offers soda, energy drinks, organic tea, mixers, kidz beverages, and sparkling water. The company offers its products through various retail channels, including grocery distributors, national retailers, warehouse club, and natural products retailers, as well as e-commerce channels. It provides its products under the Zevia brand name. The company was founded in 2007 and is headquartered in Encino, 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 ZVIA wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your ZVIA wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.