Invesco S&P SmallCap 600 Pure Growth ETF
Invesco S&P SmallCap 600 Pure Growth ETF (RZG) Wheel Strategy
RZG wheel strategy scan found 6 cash-secured put setups on the previous trading day. Probability of expiring worthless is above 50%. Annualized returns reach up to 16.3%.
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Running a RZG wheel strategy lets you generate consistent premium income on Invesco S&P SmallCap 600 Pure Growth ETF while setting your own entry and exit prices on the underlying. Invesco S&P SmallCap 600 Pure Growth 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 RZG, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best RZG 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 RZG, 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 RZG wheel from a losing one.
The Invesco S&P SmallCap 600 Pure Growth ETF (Fund) is based on the S&P SmallCap 600 Pure Growth Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong growth characteristics in the S&P SmallCap 600 Index. Growth is measured by the following risk factors: sales growth, earnings change to price and momentum. The Fund and the Index are rebalanced annually.
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 RZG wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your RZG wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.
| Nov 20, 2026 | 63.00 | $0.15 | $1.58 | -0.40 | 56 | 23% | 57.0% | 16.3% | 1 |
| Feb 19, 2027 | 64.00 | $0.75 | $3.18 | -0.44 | 147 | 23% | 51.0% | 12.3% | 0 |
| Feb 19, 2027 | 63.00 | $0.35 | $2.73 | -0.40 | 147 | 23% | 55.9% | 10.7% | 0 |
| May 21, 2027 | 64.00 | $0.65 | $3.98 | -0.42 | 238 | 23% | 52.0% | 9.5% | 0 |
| Feb 19, 2027 | 62.00 | $0.05 | $2.33 | -0.35 | 147 | 23% | 60.7% | 9.3% | 0 |
| May 21, 2027 | 63.00 | $0.25 | $3.53 | -0.38 | 238 | 23% | 55.8% | 8.6% | 0 |
As of September 28, 2026
Run the Wheel on RZG With Confidence
Find the best RZG wheel strategy setups across strikes and expirations, plan ahead with at-strike values, and keep your covered calls and puts on track.
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