Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) Wheel Strategy

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

The Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) seeks to provide capital appreciation by providing an efficient way for asset allocators to add Bitcoin exposure to portfolios. T­he fund targets a 100% investment in US equities while simultaneously providing a 10% exposure to Bitcoin via exchange traded products (including affiliated Bitcoin ETFs). The fund provides operational simplicity for investors by actively managing the rebalancing of the Bitcoin allocation. Rebalancing will generally occur quarterly but can rebalance more frequently to ensure the Bitcoin allocation does not exceed 25% of total assets.

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