Unlimited HFND Multi Strategy Return Tracker ETF (HFND) Wheel Strategy

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

The fund's portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund's portfolio, the fund will also "short" the securities of Underlying ETFs. It 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 HFND wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your HFND wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.