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WEEL

Peerless Option Income Wheel ETF

WEEL

Market cap $38.7M

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The Options Wheel Strategy ETF Most Income Investors Have Never Heard of That Pays a ~12% Yield

WEEL begins by writing out-of-the-money (OTM) cash-secured put options on a portfolio consisting primarily of sector ETFs, although it may also use other liquid ETFs with elevated implied volatility.

The Options Wheel Strategy ETF Most Income Investors Have Never Heard of That Pays a ~12% Yield

Peerless Wealth Launches Option Wheel Strategy ETF

On Thursday, Peerless Wealth rolled out the Peerless Option Income Wheel ETF (WEEL). The fund is actively managed and seeks to provide investors with current income.

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