01 — HYG · WHEEL STRATEGY

Best HYG 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.

Credit-spread proxy with options flow tied to recession risk and risk-off positioning.

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

iShares iBoxx High Yield Corporate Bond ETF

Bond ETF

HYG

$77.43+0.7% / 30d

IV rank (1y)

34.2% · moderate

Option vol

3K /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

$76.5 put · Dec 4

34 DAYS · 1.2% OTM · SELL TO OPEN

Credit

$49

Return

0.63%

PoP

66%

Strike	Expiration	Credit	Return ↓	PoP
$76.5 1.2% OTM	Nov 27 27 days	$32 $0.32 / share	0.41%	70%
$76 1.9% OTM	Dec 4 34 days	$26 $0.26 / share	0.34%	74%
$75.5 2.5% OTM	Dec 4 34 days	$24 $0.24 / share	0.31%	73%
$55 29.0% OTM	Nov 27 27 days	$0 $0.00 / share	0%	70%