facebookAnyone here using the Wheel options strategy and appreciate if you can share your experience here. - Seedly

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Anyone here using the Wheel options strategy and appreciate if you can share your experience here.

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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.

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