ProShares Smart Materials ETF (TINT) Wheel Strategy

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

The index selects companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials. The fund adviser seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide exposure to the returns of the index without regard to market conditions, trends or direction. The fund is non-diversified.

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