Running a MAKX wheel strategy lets you generate consistent premium income on ProShares S&P Kensho Smart Factories ETF while setting your own entry and exit prices on the underlying. ProShares S&P Kensho Smart Factories 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 MAKX, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best MAKX 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 MAKX, 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 MAKX wheel from a losing one.
The fund invests in securities that ProShare Advisors believes, in combination, should track the performance of the index. The index selects companies focused on building the technology empowering the digitalization of manufacturing activities. The fund will invest in all of the component securities of the index in approximately the same proportion as the index. 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 MAKX wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your MAKX wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
