Global X Nasdaq-100 Income Edge ETF (EDGQ) Wheel Strategy

Running a EDGQ wheel strategy lets you generate consistent premium income on Global X Nasdaq-100 Income Edge ETF while setting your own entry and exit prices on the underlying. Global X Nasdaq-100 Income Edge 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 EDGQ, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best EDGQ 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 EDGQ, 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 EDGQ wheel from a losing one.

Global X Funds - Global X Nasdaq-100 Income Edge ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across non financial sectors. The fund invests directly and through derivatives in growth and value stocks of companies across diversified market capitalization. The fund uses derivatives such as options to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Nasdaq-100 Index. Global X Funds - Global X Nasdaq-100 Income Edge ETF was formed on February 17, 2026 and is domiciled in the United States.

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