AdvisorShares Focused Equity ETF (CWS) Wheel Strategy

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

Complement to any Broad-Based Index Fund — CWS’s strategy seeks to avoid the fundamentally weak companies that index-based funds generally hold and only invest in those perceived as “first in class” firms. Low Turnover — CWS’s strategy is focused on the long term. That’s why CWS aims for a buy-and-hold strategy, trading as infrequently as possible and holding for as long as it can. CWS believes that a disciplined buy-and-hold strategy is ideal for riding out market storms. Innovative Fulcrum Fee Structure — CWS’s Portfolio Strategist’s manager fee is directly tied to performance: outperformance is rewarded with a larger management fee; underperformance is penalized with a smaller management fee.

Disciplined Alpha Seeking Strategy — CWS is focused on a core group of what we believe are outstanding firms, offering investors a simple way to get instant exposure to a concentrated equity portfolio of companies with proven competitive advantages.

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