01 — VXX · WHEEL STRATEGY
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.
Short-dated VIX futures tracker with structural decay and event-driven spike potential.
02 — Live setups
Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.
| Strike | Expiration | Credit | Return ↓ | PoP |
|---|---|---|---|---|
$18 6.3% OTM | Dec 4 34 days | $138 $1.38 / share | 7.18% | 65% |
$18.5 3.7% OTM | Nov 27 27 days | $126 $1.26 / share | 6.56% | 61% |
$18 6.3% OTM | Nov 27 27 days | $102 $1.02 / share | 5.31% | 67% |
$17.5 8.9% OTM | Dec 4 34 days | $82 $0.82 / share | 4.27% | 70% |
$17 11.5% OTM | Dec 4 34 days | $69 $0.69 / share | 3.59% | 75% |
$17.5 8.9% OTM | Nov 27 27 days | $68 $0.68 / share | 3.54% | 72% |
$12.5 34.9% OTM | Nov 27 27 days | $3 $0.03 / share | 0.16% | 70% |
$12 37.5% OTM | Dec 4 34 days | $0 $0.00 / share | 0% | 70% |
$12.5 34.9% OTM | Dec 4 34 days | $0 $0.00 / share | 0% | 70% |
03 — Strategy
Traders who want to own quality stocks at lower cost basis while generating premium income on both sides.
04 — By condition
05 — RUN IT LIVE
Alpha Hawk scans live chains and recommends setups based on current market conditions.
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