Roundhill ARM WeeklyPay ETF (ARMW) Wheel Strategy

Running a ARMW wheel strategy lets you generate consistent premium income on Roundhill ARM WeeklyPay ETF while setting your own entry and exit prices on the underlying. Roundhill ARM WeeklyPay ETF's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own ARMW, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best ARMW wheel strategy setups in real time.

The wheel works best on liquid, high-quality names with stable fundamentals and active options markets — exactly the profile many large-cap leaders fit. The mechanics are simple: sell a cash-secured put on ARMW, collect premium, and either keep the premium if it expires worthless or take assignment at a discount to current price. Once assigned, sell covered calls against the shares to keep collecting premium until they're called away. Choosing the right strikes, expirations, and IV environment is what separates a profitable ARMW wheel from a losing one.

The fund is actively managed and seeks to achieve its investment objectives by investing in total return swap agreements and common stock that in aggregate return approximately 1.2 times (120%) the calendar week total return of common shares of ARM while making weekly distribution payments to shareholders. The fund is non-diversified.

The difference between a wheel that compounds and one that bleeds comes down to strike selection, IV timing, and discipline on assignment. Our scanner handles the heavy lifting: it ranks every leg of the ARMW wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your ARMW wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.