The Quantitative Edge

Options Wheel Strategy Stock Selection

Not every stock is a good Wheel candidate. These lists filter the market down to the symbols that meet the criteria I use in my own trading. Liquidity, growth, and a strong underlying business. List updated monthly.

The Options Wheel Strategy works best on stocks you'd be happy to own. That means fundamentals matter as much as premium yield. Each screener below applies a different filter set, depending on account size, income objective, and risk profile. Pick the one that fits your setup, or use all three as a cross-reference.

Large Cap
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S&P 500 Wheel

High-quality S&P 500 stocks with strong revenue growth, high liquidity, and large market cap. The core watchlist for systematic Wheel traders looking for stable, strong and liquid underlyings.

  • Market Cap > $20B
  • Avg. Daily Volume > 10M
  • YoY Revenue Growth > 5%
View screener โ†’
Small Price
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Small Price Wheel

Stocks priced between $10 and $50, making them accessible for smaller accounts. Filtered for solid fundamentals and enough liquidity to support consistent premium collection.

  • Stock Price $10 โ€“ $50
  • Market Cap > $5B
  • Avg. Daily Volume > 5M
  • YoY Revenue Growth > 5%
View screener โ†’
Dividend
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Dividend Aristocrats

Companies with 20+ years of consecutive dividend growth, high market cap, and strong volume. Built for traders who want both premium income from the Wheel and a growing dividend underneath.

  • Dividend Growth Years > 20
  • Dividend Growth > 2%
  • Market Cap > $20B
View screener โ†’

How to use these screeners: Sort by Next Earnings to avoid entering a position right before an earning report. Sort by Div. Yield or Div. Growth to find the best income compounders. Prices are updated daily. Always verify live quotes before trading.

Disclaimer: The information on this page is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any security. Stock screeners are tools to assist your own research โ€” not trade signals. Always conduct your own due diligence and consult a qualified financial adviser before making any investment decision. Trading options involves significant risk and is not suitable for all investors. Past performance is not indicative of future results.