AGF U.S. Market Neutral Anti-Beta Fund (BTAL) Wheel Strategy

Running a BTAL wheel strategy lets you generate consistent premium income on AGF U.S. Market Neutral Anti-Beta Fund while setting your own entry and exit prices on the underlying. AGF U.S. Market Neutral Anti-Beta Fund's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own BTAL, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best BTAL 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 BTAL, 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 BTAL wheel from a losing one.

The fund will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. It will construct a dollar neutral portfolio of long and short positions of U.S. equities by investing primarily in the constituent securities of the Dow Jones U.S. Thematic Market Neutral Low Beta Index in approximately the same weight as they appear in the index. The universe for the index is comprised of the top 1,000 eligible securities by market capitalization, including REITs.

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 BTAL wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your BTAL wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.