I've been trading options for awhile. Wheeling is one of the best beginner strategies but you lose out on a lot of the upside in the stock with all the downside risk. You'll find studies on the wheel not beating the S&P everywhere. But that said, some people prefer having consistent 'income' from selling options VS buy and hold.
I've been trading options for awhile. Wheeling is one of the best beginner strategies but you lose out on a lot of the upside in the stock with all the downside risk. You'll find studies on the wheel not beating the S&P everywhere. But that said, some people prefer having consistent 'income' from selling options VS buy and hold.