Home › NKE

NKE wheel strategy yields

Last price $39.12 · Expiry 2026-12-04 (32 DTE) · IV 43% · Next earnings 2026-12-17

Cash-secured put

30.2% annualized
Strike
$37.0
Premium (mid)
$0.98 (bid 0.87 / ask 1.08)
Yield
2.65% (premium ÷ strike)
Delta
-0.31
Option IV
43.6%
Open interest
143

Covered call

20.4% annualized
Strike
$42.0
Premium (mid)
$0.70 (bid 0.46 / ask 0.94)
Yield
1.79% (premium ÷ price)
Delta
0.312
Option IV
43.2%
Open interest
347

Selling one NKE put requires ~$3,700 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.