Based on today's scan of 575+ tickers, here are the top 3 wheel strategy candidates. All picks meet our CSP criteria: >80% yield, >15% buffer, DTE 6–14 days.

📋 Today's Top 3 Picks

#	Ticker	Expiry	Strike	Bid (Prem)	Buffer	Yield%	Dist/ATR
1	MU	2026-07-31	$430.00	$417.20 (423.23)	49.3%	157421.0%	5.15
2	TE	2026-07-31	$3.00	$2.50 (2.90)	48.6%	73080.0%	3.04
3	AMDL	2026-07-31	$30.00	$27.70 (28.95)	48.4%	69480.0%	2.68

📚 How to Use These Picks

These are cash secured put (CSP) candidates — ideal for the wheel strategy. Here's how to evaluate each pick:

• Buffer % — How far the strike is below current price. Higher buffer = more downside protection before the put goes in-the-money.
• Yield % — Premium earned as a % of the strike price. Higher yield = more income per contract.
• Dist/ATR — Distance to strike in ATR units. A value >2.5 means the stock would need to move 2.5x its average daily range to breach the strike.
• DTE — Days to expiry. Our picks target 6–14 DTE for optimal theta decay.

🎯 The Wheel Strategy

The wheel strategy involves selling cash secured puts to earn premium. If assigned, you then sell covered calls. Repeat to generate steady income from options.

1. Sell a CSP — Pick a strike below the current price. Collect the premium upfront.
2. Wait for expiry — If the stock stays above your strike, you keep the premium — the best outcome.
3. If assigned — You buy the stock at your strike. Now you're a shareholder.
4. Sell covered calls — To exit or earn more income, sell calls above your cost basis.
5. Repeat — Each cycle earns premium. Over time, premium collected exceeds stock cost.

Use OptionSpeed Super Stocks to find more opportunities like these.