you are not doing the wheel then. The wheel is for people who want income as they are not good at directional trading.
No...this is a strategic trade. Probably not suited for directionally challenged. The idea is to collect the maximum premium possible by selecting...
You are doing the wheel strategy as advertised. You sold puts and were wrong and took delivery. You are selling ITM calls to get flat. You then...
What is the strategy if market continues rising? The wheel is for selling naked options.
You should be selling options itm and let price come otm for max premium. Selling the AUG30 16.50 call today @ 2.08 [ATTACH] BREAK EVEN...
Isn't that what I just demonstrated? Cheaper by lowering your with premium AND yes cheaper by price. :)
let's wait until he figures out that stock purchases can be cheaper by selling puts. He might reinvent the wheel XD
Yes, he's previously said he has a Cook. I bet even The Great @Overnight doesn't have Servants!
Padu’s rich. He burnt +200k on the trading wheel
What happens if after getting assigned after first time you holding the underlying and then overnight underlying tanks in a very very bad way ?
Well you can't go in thinking it's going to work flawlessly. I was even selling atm puts knowing that the price is going to drop because I wanted...
...I mean, once it's too far out you really lose the ability to use the wheel strategy, everyone on YouTube and those selling their discord...
[IMG] Use the grinding wheel, and the sharp edge will come back again.
...invited Tesla CEO Elon Musk to Russia after being filmed behind the wheel of one of the company’s Cybertrucks mounted with a machine gun...
...might want to see a neurologist to see if the hamster died on its wheel. [ATTACH]...
...PRO is still Sim so where does the wining traders get paid? Hamster wheel fees). The only advantage on the Pro "sim" account compared to other...
As long as I get paid ... :sneaky:.
PRo is still SIm so where does the wining traders get paid? Hamster wheel fees
...because then the real motive is more failed traders on a hamster wheel than more good traders, and when I say real prop firms I mean real big...
How the f does one PM someone here? I tried pm'ing you and got an error. I have a new, break-thru ocean surf fishing invention.
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