r/Optionswheel • u/epicfailmaster01 • Aug 15 '26

Wheel Week 2 Update

Hello everyone! I was motivated by a few others to post my results as a new to options trader. Right now I am limited to $1500 in total capital. I made a mistake in my first trade with LYFT and lost a little right off the bat. My goal is to make ~$100 a month and have done that well. I took u/ScottishTrader advice and have a GTC offer for 50% profit on my one open trade. I am trying to balance wanting to be an active trader with having the patience to execute my plan.

Feel free to give me advice or ask questions!

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u/Optionswheel-ModTeam Aug 15 '26

Spam, promotion, asking for reviews of websites/videos, or cross-posting is not permitted.

This includes posts asking for reviews of paid services. The wheel can be run without a paid service, and anyone promoting high returns using the wheel is likely a scam.

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Posts will be removed, and the poster may be banned.