Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) Wheel Strategy

Running a QDPL wheel strategy lets you generate consistent premium income on Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF while setting your own entry and exit prices on the underlying. Pacer Metaurus US Large Cap Dividend Multiplier 400 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 QDPL, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best QDPL 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 QDPL, 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 QDPL wheel from a losing one.

A strategy driven exchange traded fund that aims to provide cash distributions equal to 400% of the S&P 500 ordinary yield in exchange for modestly lower exposure (approximately 89%) to the S&P 500 Index performance.

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