New strategy - buy to write instead of the wheel.

It's simply converting the synthetic into the covered call. What's to swear by?

 

How does he always lose money?

 

I hate to say it,but he is the best at being dead wrong.His timing is unrivaled

 

It is all your fault.

You are a lousy mentor to wxy. May be you should switch mentorship to the other WXY?

 

Does WXY and SML have the same Mentor?


Is this another "don't cut Losses" thread by WXY?

 

ok.









buy/write is equivalent to shorting the same strike APLD put.









What you're doing is arguably inferior (to the Wheel!) as you save one commish and edge unit by writing the put vs. trading the APLD CC to open the position.









Either way it doesn't warrant a thread that essentially translates to "I'm going to CC instead of shorting a put!"

 

No, it's the "problem" with both SP and CC. Dump truck.

 

Buy writes just make sense for swing trading.

 

nonsense.