Stocks/AXON

AXON Axon Enterprise

Wheel strategy analysis for Axon Enterprise. 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 AXON. Full disclaimer
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AXON Wheel Strategy Analysis

The wheel strategy on Axon Enterprise (AXON) involves cycling between selling cash-secured puts and covered calls to generate recurring premium income. AXON 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 AXON, 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