Running a NBIZ wheel strategy lets you generate consistent premium income on Tradr 2X Short NBIS Daily ETF while setting your own entry and exit prices on the underlying. Tradr 2X Short NBIS Daily 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 NBIZ, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best NBIZ 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 NBIZ, 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 NBIZ wheel from a losing one.
NBIZ uses swap agreements and listed call options to make bearish bets on the share price of Nebius Group N.V. (NASDAQ: NBIS). The fund may also invest directly in the NBIS. Nebius Group N.V. offers an AI-centric cloud platform that provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools to support AI builders worldwide. It operates through brands such as Toloka AI, which partners in data for generative AI development, TripleTen, and Avride. The fund seeks to maintain inverse daily leveraged exposure equivalent to 200% of the daily percentage change in NBIS price through daily rebalancing.
Returns may deviate from the expected -200% if held for longer than a single day due to factors such as volatility and compounding. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
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 NBIZ wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your NBIZ wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
