State Street SPDR S&P Emerging Asia Pacific ETF
State Street SPDR S&P Emerging Asia Pacific ETF (GMF) Wheel Strategy
GMF wheel strategy scan found 42 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 32.7%.
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Running a GMF wheel strategy lets you generate consistent premium income on State Street SPDR S&P Emerging Asia Pacific ETF while setting your own entry and exit prices on the underlying. State Street SPDR S&P Emerging Asia Pacific 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 GMF, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best GMF 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 GMF, 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 GMF wheel from a losing one.
The State Street SPDR S&P Emerging Asia Pacific ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging Asia Pacific BMI Index (the "Index")Seeks to provide broad exposure to Asia Pacific emerging market countries, which offers the potential for investors to take strategic or tactical positions in the regionCould potentially mitigate country-specific risk
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 GMF wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your GMF wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Oct 16, 2026 | 155.00 | $0.05 | $4.03 | -0.44 | 29 | 6% | 56.1% | 32.7% | 0 |
| Oct 16, 2026 | 156.00 | $0.05 | $4.03 | -0.47 | 29 | 6% | 51.3% | 32.5% | 0 |
| Oct 16, 2026 | 154.00 | $0.05 | $3.53 | -0.40 | 29 | 6% | 60.9% | 28.8% | 0 |
| Oct 16, 2026 | 153.00 | $0.05 | $3.08 | -0.37 | 29 | 6% | 65.6% | 25.3% | 0 |
| Nov 20, 2026 | 156.00 | $0.10 | $5.05 | -0.45 | 64 | 6% | 51.9% | 18.5% | 0 |
| Nov 20, 2026 | 155.00 | $0.05 | $4.83 | -0.42 | 64 | 6% | 55.2% | 17.8% | 0 |
| Nov 20, 2026 | 154.00 | $0.05 | $4.68 | -0.40 | 64 | 6% | 58.4% | 17.3% | 0 |
| Nov 20, 2026 | 153.00 | $0.05 | $4.48 | -0.38 | 64 | 6% | 61.6% | 16.7% | 0 |
| Nov 20, 2026 | 152.00 | $0.05 | $4.33 | -0.36 | 64 | 6% | 64.8% | 16.2% | 0 |
| Nov 20, 2026 | 151.00 | $0.05 | $4.18 | -0.34 | 64 | 6% | 67.8% | 15.8% | 0 |
As of September 17, 2026
Run the Wheel on GMF With Confidence
Find the best GMF wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.
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