Home › JBLU

JBLU wheel strategy yields

Last price $3.17 · Expiry 2026-12-04 (32 DTE) · IV 161% · Next earnings 2027-01-26

Cash-secured put

91.2% annualized
Strike
$3.0
Premium (mid)
$0.24 (bid 0.19 / ask 0.3)
Yield
8.0% (premium ÷ strike)
Delta
-0.367
Option IV
89.1%
Open interest
5

Covered call

10.8% annualized
Strike
$6.0
Premium (mid)
$0.03 (bid 0 / ask 0.55)
Yield
0.95% (premium ÷ price)
Delta
0.279
Option IV
232.0%
Open interest
6

Selling one JBLU put requires ~$300 cash collateral per contract. Figures are mid-prices from delayed data as of 2026-11-02.

Get the weekly Wheel picks

Top 10 premium setups + earnings to avoid, every Sunday. Free.