Home › XLK
XLK wheel strategy yields
Last price $174.22 · Expiry 2026-12-04 (32 DTE) · IV 40% · Next earnings n/a
Cash-secured put
22.8% annualized
- Strike
- $165.0
- Premium (mid)
- $3.30 (bid 2.7 / ask 3.9)
- Yield
- 2.0% (premium ÷ strike)
- Delta
- -0.295
- Option IV
- 38.2%
- Open interest
- 121
Covered call
16.4% annualized
- Strike
- $187.5
- Premium (mid)
- $2.50 (bid 1.21 / ask 3.8)
- Yield
- 1.43% (premium ÷ price)
- Delta
- 0.297
- Option IV
- 41.8%
- Open interest
- 47
Selling one XLK put requires ~$16,500 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.