Tutorial 37 of 39•7. Preset Library — One-Click Screens•4 min read
Large Cap Preset: Wheel Only Blue-Chip Stocks
The Large Cap preset restricts the wheel to $10B+ market-cap underlyings — the most stable, liquid options universe.
What this preset does
The Large Cap preset filters for:
- Market Cap ≥ $10B
- Standard wheel DTE
- Liquid contracts
- Liquidity Cleanup on
Result: a clean universe of well-known names where options are deep, spreads are tight, and surprises are rarer.
When to use it
- You want institutional-quality underlyings only.
- You're managing a substantial wheel account.
- You're avoiding small-cap blow-ups.
A worked example
- Open the Put screener.
- Apply Large Cap Put preset.
- Set Delta = −0.25 to −0.15.
- Set Yield ≥ 0.8%.
- Sort by Rating descending.
You'll see CSPs on names like AAPL, MSFT, GOOGL, JPM, JNJ, UNH, etc.
Where to go next
- Pair with Sector filter for diversification.
- Read Market Cap filter for the underlying mechanic.
- Try Conservative Wheel preset for the safest combo.
Frequently Asked Questions
Are large-cap options always liquid enough for the wheel?
Almost always. Most $10B+ market-cap stocks have deep options markets with tight spreads and high open interest, making them ideal for the wheel.