Running a DFAT wheel strategy lets you generate consistent premium income on Dimensional U.S. Targeted Value ETF while setting your own entry and exit prices on the underlying. Dimensional U.S. Targeted Value 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 DFAT, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best DFAT 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 DFAT, 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 DFAT wheel from a losing one.
As a non-fundamental policy, under normal circumstances, the fund will invest at least 80% of its net assets in securities of U.S. companies. The fund may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.
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 DFAT wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your DFAT wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
