Home › WMT

WMT wheel strategy yields

Last price $127.69 · Expiry 2026-12-04 (32 DTE) · IV 40% · Next earnings 2026-11-19

⚠ Earnings are scheduled before this expiry — premiums include event risk.

Cash-secured put

24.5% annualized
Strike
$121.0
Premium (mid)
$2.60 (bid 2.01 / ask 3.2)
Yield
2.15% (premium ÷ strike)
Delta
-0.306
Option IV
40.6%
Open interest
80

Covered call

23.5% annualized
Strike
$135.0
Premium (mid)
$2.63 (bid 2.17 / ask 3.1)
Yield
2.06% (premium ÷ price)
Delta
0.336
Option IV
39.1%
Open interest
481

Selling one WMT put requires ~$12,100 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.