New strategy - buy to write instead of the wheel.

Yes,that was implied

 

Yes, a bearish strategy losing $4,600 in a bear mkt tracks with your skill set.

 

lol no. Buying stock is not analogous to shorting a put at $0 premium as you benefit fully from any appreciation. The put is simply a discount = premium.

 

What's the difference if you get stopped out 5 times? And we both know with your charting ability you are not filling anywhere near the bottom consistently...not unless riding my coattails.

 

The math adds up...any appreciation is limited to the statistical retrace level.

 

Your charting in a 0% hit rate for you. You're allergic to money.

 

Yes, you can subtract 400 from 5000.

 

They are equitable positions.

 

lol... you're probably a closet Elliott waiver now since seeing my road mapping of Bitcoin.

Also, so you're against buy writes, covered calls, the wheel, and spreads... so what only flies?

@taowave....like you've every timed a bottom either. I'm literally months ahead of you guys.

 

If I faded you I'd be perfect.