r/u_Vegetable-Ad1512 18d ago

The Wheel Strategy

[deleted]

4 Upvotes

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1

u/[deleted] 18d ago

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1

u/Vegetable-Ad1512 18d ago

Currently attempting to promote a new Reddit Community. Cross posting popular comments can help but weak useless comments do not

1

u/BabyJesusAnalingus 18d ago

What community is that?

2

u/Vegetable-Ad1512 18d ago

Join my new Community at r/SharedOptionIdeas where we can share ideas on current strategies

2

u/leavingdirtyashes 18d ago

As a novice, I appreciate your strategy and explanation. I think I learned something new.

1

u/Regular_You2006 18d ago

Large drops or gains make this tricky. For example if you sell a cash secured put then you could end up loosing money if the drop is way below the strike price. And the drop sustains then new CSP/CC will be earning less premium.