Invesco Zacks Multi-Asset Income ETF (CVY) Wheel Strategy

Running a CVY wheel strategy lets you generate consistent premium income on Invesco Zacks Multi-Asset Income ETF while setting your own entry and exit prices on the underlying. Invesco Zacks Multi-Asset 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 CVY, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best CVY 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 CVY, 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 CVY wheel from a losing one.

The Invesco Zacks Multi-Asset Income ETF (Fund) is based on the Zacks Multi-Asset Income Index (Index). The Fund will invest at least 90% of its total assets in securities and depositary receipts that comprise the Index. The Index is comprised of domestic and international companies, including US listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds and traditional preferred stocks. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

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