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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.

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.
SEC filings for WEEL aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.