USCF Gold Strategy Plus Income Fund (USG) Wheel Strategy

Running a USG wheel strategy lets you generate consistent premium income on USCF Gold Strategy Plus Income Fund while setting your own entry and exit prices on the underlying. USCF Gold Strategy Plus Income 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 USG, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best USG 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 USG, 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 USG wheel from a losing one.

The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the physical gold and gold futures markets (the “Gold Markets”). The fund will only invest in COMEX Gold Warrants and gold futures through the subsidiary. 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 USG wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your USG wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.