WisdomTree U.S. Multifactor Fund (USMF) Wheel Strategy

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

Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). 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 USMF wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your USMF wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.