iShares Bloomberg Roll Select Commodity Strategy ETF
iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) Wheel Strategy
CMDY wheel strategy scan found 26 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 47.3%.
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Running a CMDY wheel strategy lets you generate consistent premium income on iShares Bloomberg Roll Select Commodity Strategy ETF while setting your own entry and exit prices on the underlying. iShares Bloomberg Roll Select Commodity Strategy 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 CMDY, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best CMDY 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 CMDY, 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 CMDY wheel from a losing one.
The iShares Bloomberg Roll Select Commodity Strategy ETF (the “Fund”) seeks to track the investment results of an index composed of a broad range of commodity exposures with enhanced roll selection, on a total return basis.
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 CMDY wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your CMDY wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Jan 15, 2027 | 65.00 | $7.70 | $10.20 | -0.40 | 121 | 34% | 53.2% | 47.3% | 0 |
| Jan 15, 2027 | 64.00 | $6.80 | $9.30 | -0.39 | 121 | 34% | 57.9% | 43.8% | 0 |
| Jan 15, 2027 | 63.00 | $5.90 | $8.40 | -0.37 | 121 | 34% | 62.6% | 40.2% | 0 |
| Jan 15, 2027 | 62.00 | $5.00 | $7.50 | -0.36 | 121 | 34% | 67.2% | 36.5% | 0 |
| Jan 15, 2027 | 60.00 | $3.30 | $5.65 | -0.32 | 121 | 34% | 75.7% | 28.4% | 0 |
| Apr 16, 2027 | 65.00 | $8.60 | $10.70 | -0.39 | 212 | 34% | 53.2% | 28.3% | 0 |
| Jan 15, 2027 | 61.00 | $3.40 | $5.70 | -0.34 | 121 | 34% | 71.6% | 28.2% | 0 |
| Oct 16, 2026 | 65.00 | $0.25 | $1.38 | -0.43 | 30 | 34% | 54.1% | 25.7% | 0 |
| Apr 16, 2027 | 64.00 | $7.00 | $9.45 | -0.38 | 212 | 34% | 56.8% | 25.4% | 0 |
| Apr 16, 2027 | 63.00 | $6.10 | $8.60 | -0.36 | 212 | 34% | 60.4% | 23.5% | 0 |
As of September 16, 2026
Run the Wheel on CMDY With Confidence
Find the best CMDY wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.
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