01 — DIA · WHEEL STRATEGY

Best DIA wheel strategy setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Price-weighted Dow tracker with options flow concentrated in retail covered-call writers.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

SPDR Dow Jones Industrial Average ETF

Index ETF

DIA

$517.13+1.7% / 30d

IV rank (1y)

20.6% · low

Option vol

10K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

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Cash-secured put · first leg of the wheel

$513 put · Nov 27

27 DAYS · 0.8% OTM · SELL TO OPEN

Credit

$780

Return

1.51%

PoP

60%

Strike	Expiration	Credit	Return ↓	PoP
$512.5 0.9% OTM	Nov 27 27 days	$713 $7.13 / share	1.38%	61%
$512 1.0% OTM	Nov 27 27 days	$657 $6.57 / share	1.27%	62%
$509 1.6% OTM	Nov 27 27 days	$603 $6.03 / share	1.17%	67%
$507.5 1.9% OTM	Dec 4 34 days	$605 $6.05 / share	1.17%	68%
$510 1.4% OTM	Dec 4 34 days	$600 $6.00 / share	1.16%	64%
$508 1.8% OTM	Nov 27 27 days	$572 $5.72 / share	1.11%	69%
$511 1.2% OTM	Nov 27 27 days	$569 $5.69 / share	1.1%	64%
$508 1.8% OTM	Dec 4 34 days	$566 $5.66 / share	1.09%	67%
$510 1.4% OTM	Nov 27 27 days	$525 $5.25 / share	1.02%	65%