PIMCO 1-5 Year U.S. TIPS Index ETF (STPZ) Wheel Strategy

Running a STPZ wheel strategy lets you generate consistent premium income on PIMCO 1-5 Year U.S. TIPS Index ETF while setting your own entry and exit prices on the underlying. PIMCO 1-5 Year U.S. TIPS Index 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 STPZ, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best STPZ 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 STPZ, 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 STPZ wheel from a losing one.

The Fund seeks to provide total return that closely corresponds, before fees and expenses, to the total return of The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury IndexSM

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