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STZ — Cash-Secured Put & Wheel Strategy Analysis

Price: 138.98 ATR: 3.42 📅 October 06, 2026 (last, 17d ago)

STZ wheel strategy & cash-secured put scanner. STZ is currently trading at $138.98 and trading above 3/4 key moving averages. This page shows the live STZ options chain across 5 expirations (2026-10-23 through 2026-11-20, DTE 1–29 days), optimized for cash-secured put and wheel strategy candidates. Last earnings: October 06, 2026 (17 days ago — next earnings date not yet announced). No upcoming earnings conflict for near-term expiries.

Highlight criteria:   Yield% ≥ 30% | Buffer% ≥ 15% | ATR/Dist ≥ 2.5
STZ — 6-Month Daily Price
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Show Expiries:
2026-10-23
DTE 1  |  Trading days: 1
Strike Prem ATR/Dist Buffer% Yield%
95.00 2.15 12.85 31.6% 826.1%
99.00 2.15 11.68 28.8% 792.7%
100.00 2.15 11.39 28.0% 784.7%
101.00 2.15 11.1 27.3% 777.0%
102.00 2.15 10.81 26.6% 769.4%
104.00 2.15 10.22 25.2% 754.6%
105.00 2.15 9.93 24.4% 747.4%
106.00 2.15 9.64 23.7% 740.3%
107.00 2.15 9.35 23.0% 733.4%
108.00 0.05 9.05 22.3% 16.9%
109.00 2.15 8.76 21.6% 720.0%
110.00 2.15 8.47 20.9% 713.4%
111.00 2.15 8.18 20.1% 707.0%
112.00 2.15 7.88 19.4% 700.7%
113.00 2.15 7.59 18.7% 694.5%
114.00 2.15 7.3 18.0% 688.4%
115.00 2.15 7.01 17.3% 682.4%
116.00 2.15 6.72 16.5% 676.5%
117.00 2.15 6.42 15.8% 670.7%
118.00 0.35 6.13 15.1% 108.3%
119.00 2.15 5.84 14.4% 659.5%
120.00 1.05 5.55 13.7% 319.4%
121.00 2.15 5.25 12.9% 648.6%
122.00 0.25 4.96 12.2% 74.8%
123.00 2.15 4.67 11.5% 638.0%
124.00 2.15 4.38 10.8% 632.9%
125.00 1.05 4.09 10.1% 306.6%
126.00 0.30 3.79 9.3% 86.9%
127.00 0.55 3.5 8.6% 158.1%
128.00 0.25 3.21 7.9% 71.3%
129.00 0.85 2.92 7.2% 240.5%
130.00 0.30 2.62 6.5% 84.2%
131.00 1.30 2.33 5.7% 362.2%
132.00 1.30 2.04 5.0% 359.5%
135.00 0.18 1.16 2.9% 48.7%
137.00 0.40 0.58 1.4% 106.6%
LAST PRICE: $138.98
139.00 0.92 -0.01 -0.0% 241.6%
140.00 0.55 -0.3 -0.7% 143.4%
141.00 0.35 -0.59 -1.5% 90.6%
150.00 1.10 -3.22 -7.9% 267.7%
2026-10-30
DTE 8  |  Trading days: 6
Strike Prem ATR/Dist Buffer% Yield%
95.00 2.15 12.85 31.6% 103.3%
100.00 2.15 11.39 28.0% 98.1%
101.00 2.15 11.1 27.3% 97.1%
102.00 2.15 10.81 26.6% 96.2%
103.00 2.15 10.51 25.9% 95.2%
104.00 2.15 10.22 25.2% 94.3%
105.00 2.15 9.93 24.4% 93.4%
106.00 2.15 9.64 23.7% 92.5%
107.00 2.15 9.35 23.0% 91.7%
108.00 1.10 9.05 22.3% 46.5%
109.00 2.15 8.76 21.6% 90.0%
110.00 0.40 8.47 20.9% 16.6%
111.00 2.15 8.18 20.1% 88.4%
112.00 2.15 7.88 19.4% 87.6%
113.00 2.15 7.59 18.7% 86.8%
114.00 2.15 7.3 18.0% 86.0%
115.00 2.15 7.01 17.3% 85.3%
116.00 2.15 6.72 16.5% 84.6%
117.00 2.15 6.42 15.8% 83.8%
118.00 2.15 6.13 15.1% 83.1%
119.00 0.30 5.84 14.4% 11.5%
120.00 0.30 5.55 13.7% 11.4%
121.00 2.20 5.25 12.9% 83.0%
122.00 0.60 4.96 12.2% 22.4%
123.00 1.90 4.67 11.5% 70.5%
124.00 1.95 4.38 10.8% 71.7%
125.00 0.20 4.09 10.1% 7.3%
126.00 0.25 3.79 9.3% 9.1%
127.00 0.30 3.5 8.6% 10.8%
128.00 0.70 3.21 7.9% 25.0%
129.00 0.42 2.92 7.2% 14.9%
130.00 0.50 2.62 6.5% 17.5%
131.00 0.38 2.33 5.7% 13.2%
132.00 0.68 2.04 5.0% 23.5%
133.00 0.75 1.75 4.3% 25.7%
135.00 1.12 1.16 2.9% 37.9%
LAST PRICE: $138.98
140.00 1.90 -0.3 -0.7% 61.9%
145.00 0.40 -1.76 -4.3% 12.6%
150.00 2.15 -3.22 -7.9% 65.4%
155.00 2.15 -4.68 -11.5% 63.3%
2026-11-06
DTE 15  |  Trading days: 11
Strike Prem ATR/Dist Buffer% Yield%
95.00 2.15 12.85 31.6% 55.1%
100.00 0.70 11.39 28.0% 17.0%
101.00 2.15 11.1 27.3% 51.8%
102.00 2.15 10.81 26.6% 51.3%
104.00 2.15 10.22 25.2% 50.3%
105.00 2.15 9.93 24.4% 49.8%
106.00 2.15 9.64 23.7% 49.4%
107.00 2.15 9.35 23.0% 48.9%
108.00 2.15 9.05 22.3% 48.4%
109.00 2.15 8.76 21.6% 48.0%
110.00 2.15 8.47 20.9% 47.6%
111.00 2.20 8.18 20.1% 48.2%
112.00 2.20 7.88 19.4% 47.8%
113.00 2.20 7.59 18.7% 47.4%
114.00 2.20 7.3 18.0% 47.0%
115.00 2.25 7.01 17.3% 47.6%
116.00 2.25 6.72 16.5% 47.2%
117.00 2.30 6.42 15.8% 47.8%
118.00 2.30 6.13 15.1% 47.4%
119.00 2.35 5.84 14.4% 48.1%
120.00 2.40 5.55 13.7% 48.7%
121.00 2.50 5.25 12.9% 50.3%
122.00 2.55 4.96 12.2% 50.9%
123.00 2.25 4.67 11.5% 44.5%
124.00 0.65 4.38 10.8% 12.8%
125.00 1.80 4.09 10.1% 35.0%
126.00 0.62 3.79 9.3% 12.0%
127.00 2.35 3.5 8.6% 45.0%
128.00 0.85 3.21 7.9% 16.2%
129.00 0.68 2.92 7.2% 12.8%
131.00 0.92 2.33 5.7% 17.1%
132.00 1.25 2.04 5.0% 23.0%
LAST PRICE: $138.98
139.00 2.95 -0.01 -0.0% 51.6%
140.00 2.42 -0.3 -0.7% 42.1%
145.00 0.78 -1.76 -4.3% 13.1%

STZ — Cash-Secured Put & Wheel Strategy FAQ

What is the best STZ cash-secured put strike today?

OptionSpeed's scanner highlights STZ strikes that meet our three filters: annualized yield ≥ 50%, downside buffer ≥ 15%, and ATR/Distance ratio ≥ 2.5. Stars on this page mark strikes currently in our Super Stocks cache. As of this snapshot, the highest-yielding CSP candidate on STZ is the $131.00 strike at 362.2% annualized.

Is STZ a good wheel strategy stock right now?

STZ is trading at $138.98 with an ATR of $3.42. STZ is trading above 3/4 key moving averages. Last earnings was October 06, 2026 (17 days ago); next earnings date not yet announced — no upcoming earnings conflict for near-term expiries.

How much capital do I need to sell a STZ cash-secured put?

Cash-secured puts require you to hold enough cash to buy 100 shares at the strike price if assigned. For a $131.00 strike on STZ, you need $13,100 in cash per contract. Strikes closer to the current $138.98 price require more capital but offer higher premiums and lower assignment probability.

What does the wheel strategy look like on STZ?

The wheel on STZ follows three steps: (1) sell a CSP at a strike you'd be comfortable owning STZ at; (2) if assigned, you own 100 shares at the strike price; (3) sell covered calls against those shares to collect premium while waiting for the call to expire worthless or the stock to be called away. OptionSpeed tracks every step so you can see your rolling premium and realized P&L.

Should I close my STZ CSP before earnings?

Most wheel traders close or roll CSPs 1–2 days before earnings because implied volatility typically collapses after the announcement (IV crush). The premium you collected is largely an upfront payment for accepting that volatility risk. Holding through earnings exposes you to gap risk — even if your strike isn't breached, the IV drop alone can wipe out most of your collected premium.

What's a good buffer percentage for STZ puts?

Buffer percentage measures how far the strike is below the current stock price. For STZ at $138.98, a strike at $128.00 gives the largest downside buffer in our current chain. OptionSpeed flags strikes with ≥15% buffer as wheel-quality candidates. Lower buffer = higher premium but higher assignment probability.

See also: cash-secured put primer · wheel strategy guide · today's Super Stocks picks · all 671 tickers