Stocks/UPS

UPS United Parcel Service

Wheel strategy analysis for United Parcel Service. Real-time price, earnings data, and direct links to CSP and covered call calculators.

Data and analysis for educational purposes only. Not a recommendation to buy, sell, or hold UPS. Full disclaimer
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UPS Wheel Strategy Analysis

The wheel strategy on United Parcel Service (UPS) involves cycling between selling cash-secured puts and covered calls to generate recurring premium income. UPS is a popular wheel candidate due to its options liquidity, with tight bid-ask spreads and a full range of weekly and monthly expirations available.

To run the wheel on UPS, start by selling a cash-secured put at a strike price where you would be comfortable owning shares. If the put expires worthless, you keep the premium and sell another. If assigned, you buy 100 shares and transition to selling covered calls above your effective cost basis until the shares are called away.

Before opening any position, check the earnings calendar to ensure you are not selling through an earnings date. Use the calculators above to model specific strikes and expirations before committing capital.

Options involve risk and are not suitable for all investors. All calculations are estimates — actual results will vary. Not financial advice. Full disclosure