AdvisorShares Gerber Kawasaki ETF (GK) Wheel Strategy

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

The fund primarily invests in U.S. exchange traded equity securities, including common and preferred stock and ADRs. The fund may invest in companies of any capitalization but typically invests in companies with capitalizations of $1 billion or more. To a lesser extent, the fund may invest in ETFs, ETNs and other exchange-traded products (collectively with ETFs and ETNs, “ETPs”) to seek to obtain exposure to industries or sectors the Sub-Advisor believes to be top thematic macro opportunities. The fund is non-diversified.

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