Direxion Robotics & AI Bull 2X (UBOT) Wheel Strategy

Running a UBOT wheel strategy lets you generate consistent premium income on Direxion Robotics & AI Bull 2X while setting your own entry and exit prices on the underlying. Direxion Robotics & AI Bull 2X's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own UBOT, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best UBOT 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 UBOT, 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 UBOT wheel from a losing one.

The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF seeks daily investment results, before fees and expenses, of 200% of the performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index. There is no guarantee the fund will achieve its stated investment objective.

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