Curated Wheel List

High Premium High Risk

These are the highest-premium names in the options market. We're not screening for safety scores or assignment quality here — we're screening for maximum IV and annualized return potential. Most are real companies (AI, crypto, tech) that happen to carry elevated volatility; two are leveraged ETFs (TQQQ, SOXL) where assignment means owning a decaying instrument. This list is for experienced options sellers who understand the risks, size positions accordingly, and want the fattest premiums the market offers.

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Selection Criteria

  • Highest implied volatility and annualized premium yield in their category
  • Liquid weekly or monthly options with tight bid/ask spreads
  • Recognisable names — AI, crypto-adjacent, growth tech, and leveraged ETFs
  • No safety score floor — premium is the only filter
  • Leveraged ETF tickers (TQQQ, SOXL) are flagged — assignment risk is instrument decay, not company fundamentals

Who This List Is For

Experienced options sellers who want maximum premium and accept higher assignment and volatility risk.

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Frequently Asked Questions

Why no safety score requirement on this list?

This list is built for premium, not safety. The stocks here are volatile — that's exactly why the premiums are so rich. The flip side is that assignment risk is real and these positions need tighter size management than a typical wheel stock.

Why are TQQQ and SOXL on a wheel watchlist?

Leveraged ETFs have enormous IV which translates to massive option premiums. You can sell CSPs on them the same way as any stock. The key difference: if you get assigned, you own a 3x leveraged ETF that decays over time — it's not a buy-and-hold position. Most sellers roll or close before assignment.

How should I size positions on these stocks?

Smaller than you think. High IV means the stock can move 10–20% in a week. A rule of thumb: no single position more than 5% of your account, and keep total exposure to this list under 20%.

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