Running a CEPI wheel strategy lets you generate consistent premium income on REX Crypto Equity Premium Income ETF while setting your own entry and exit prices on the underlying. REX Crypto Equity Premium Income 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 CEPI, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best CEPI 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 CEPI, 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 CEPI wheel from a losing one.
CEPI aims for exposure in US crypto-related companies, in sectors such as crypto mining, trading, custody, blockchain technology development, and the creation of digital payment solutions. Component securities are grouped into Crypto Assets Leaders and Digital Payments Leaders of this space, with a 80% and 20% allocation respectively. The fund holds 25 stock positions, while employing a covered call strategy, writing out-of-the-money options on individual securities to boost income from higher premiums, partially offsetting price declines and limiting upside potential. CEPI focuses on stock selection and option writing tailored to prevailing market conditions.
The strategy aims to cushion against market declines and manage price volatility, blending capital appreciation and current income.
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 CEPI wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your CEPI wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
