Matthews China Active ETF (MCH) Wheel Strategy

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

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in China. China includes its administrative and other districts, such as Hong Kong and Macau. The fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies.

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