Kovitz Core Equity ETF (EQTY) Wheel Strategy

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

The fund invests primarily in equity securities of U.S. and foreign companies. Equity securities in which the fund may invest include common stocks and common stock equivalents (such as rights or warrants, which give the fund the ability to purchase the common stock, and convertible securities, which are securities that are convertible into the common stock). The fund may invest in companies of any market capitalization, including small- and mid-capitalization companies.

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