Running a ORBX wheel strategy lets you generate consistent premium income on Global X Space Tech ETF while setting your own entry and exit prices on the underlying. Global X Space Tech 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 ORBX, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best ORBX 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 ORBX, 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 ORBX wheel from a losing one.
This ETF, the Global X Space Tech fund, commits at least 80% of its total investable capital (including any funds borrowed for investment) to the securities of its benchmark index. These holdings can include standard common stocks, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The underlying index is a proprietary creation of Global X Management Company LLC, which not only serves as the fund's index provider but also acts as its investment adviser and an affiliated entity. It is important to note that this fund maintains a non-diversified investment approach.
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 ORBX wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your ORBX wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
