What is a cash secured put screener?

A cash secured put screener filters option chains across the market to find cash-secured puts that match your criteria — premium yield, delta, days to expiration, implied volatility, and probability of profit. It is the fastest way to shortlist CSPs you would actually own if assigned.

Is this CSP screener free?

Yes. The Wheel Strategy Options cash secured put screener is free with daily filtered results across 2,000,000+ contracts. Saved screeners and trade alerts are available with a paid plan.

What are the best stocks for cash-secured puts?

Good cash-secured put candidates are quality businesses you would be willing to own at the strike price, with adequate option liquidity and premium that compensates for assignment risk. Filter for stocks with healthy fundamentals, sort by annualized yield, and check IV rank for richer premium.

What delta should I use for cash-secured puts in the wheel strategy?

Most wheel traders sell cash-secured puts between 0.20 and 0.30 delta. Lower delta means lower assignment probability and lower premium; higher delta means more premium but more chance of being assigned.

Can I use this as a covered put scanner for weekly options?

Yes. Use the DTE filter to narrow results to weekly expirations (0–7 days) or to a 30–45 DTE window depending on your style. The screener supports any cadence and shows full Greeks and yield for each contract.

What DTE is best for cash-secured puts in the wheel strategy?

Most wheel traders target 30–45 days to expiration for cash-secured puts to balance theta decay and capital tie-up. Weekly CSPs (7–14 DTE) collect premium faster but require more active management and rolls.

How do I filter cash-secured puts by implied volatility?

Use the IV rank and implied volatility filters in this screener to find richer premium when volatility is elevated. Pair high IV with solid fundamentals so you are not selling puts on distressed names.

Free Cash Secured Put Screener — Filter by Yield, Delta, DTE & IV Rank