F/m US Treasury 3 Month Bill Fund (TBIL) Wheel Strategy

Running a TBIL wheel strategy lets you generate consistent premium income on F/m US Treasury 3 Month Bill Fund while setting your own entry and exit prices on the underlying. F/m US Treasury 3 Month Bill Fund's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own TBIL, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best TBIL 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 TBIL, 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 TBIL wheel from a losing one.

Under normal market conditions, the Adviser seeks to achieve the investment objective by investing at least 80% of net assets (plus any borrowings for investment purposes) in the component securities of the index. The index is comprised of a single issue purchased at the beginning of the month and held for a full month.

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