The Wheel Engine — Mandate History
« Back to PortfolioEvery rule change is published here in full — nothing about this portfolio's mandate changes without a visible, dated record.
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Revision 1
Approved
Effective Jul 15, 2026
– present
Universe: a fixed watchlist of quality large-cap/dividend-paying names. Entry: sell a cash-secured put, 30-45 days to expiration, targeting approximately 0.30 delta. On assignment: sell a covered call on the assigned shares, 30-45 days to expiration, targeting approximately 0.30 delta, until the shares are called away, then return to selling cash-secured puts. Position sizing: no more than 20% of capital committed to any single underlying at a time.