WisdomTree U.S. Value Fund (WTV) Wheel Strategy

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

The fund, an exchange traded fund, is actively managed using a model-based approach. It seeks to achieve its investment objective by investing primarily in U.S. equity securities that provide a high "total shareholder yield" and exhibit favorable quality characteristics that demonstrate a company's profitability, such as strong ROE and/or ROA. The fund invests primarily in equity securities of companies domiciled in the U.S. or listed on a U.S. exchange. The advisor generally expects to invest in large- and mid-capitalization companies and may invest in any sector. 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 WTV wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your WTV wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.