Truth Social America First ETF (MAGA) Wheel Strategy

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

Under normal circumstances, at least 80% of the fund’s net assets will be invested in the securities of U.S. companies. The index uses an objective, rules-based methodology to track the performance of U.S. companies whose employees and political action committees (“PACs”) are highly supportive of Republican candidates for election to the United States Congress, the Vice Presidency, or the Presidency (“Candidates”) and party-affiliated federal committees or groups that are subject to federal campaign contribution limits.

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