35% of all retail options trades in Q1 2026 were part of a Wheel strategy — systematic premium selling instead of lottery tickets.
35% of all retail options trades in Q1 2026 were part of a Wheel strategy — according to a recent analysis by Optioneer.
While many retail traders are still chasing lottery tickets with far OTM calls, a growing segment of the community has focused on systematic premium selling.
The Wheel Strategy combines cash-secured puts and covered calls to continuously collect premium — with limited risk and repeatable setup.
This isn't hype. This is strategy beating speculation.
Author
Senior Market Analyst
Derivatives Specialist
Thomas Bergmann is an experienced market analyst with a keen eye for market trends and derivative structures. After studying Business Administration with a focus on Finance at the University of Mannheim, he gained valuable experience at renowned brokers and financial service providers. His expertise includes technical analysis, Options Greeks, and developing trading strategies for various market conditions. Thomas uses advanced AI-powered tools for market analysis and pattern recognition. At BeInOptions, he is responsible for market commentary, strategy analysis, and educational content. His articles are known for their practical approach and clarity. "I believe in transparent financial education. Everyone should understand the tools they use – whether it's a simple call option or a complex spread strategy."
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.