RWM ok to hold longer than a day?

Discussion in 'Trading' started by wxytrader, Dec 29, 2023.

  1. #61     Jan 2, 2024
    • Stock Price: $200/assigned @ 199
    • Stock Price: 195/called away @ 196
    • Premium: $890
    • Stock loss: $-400
    • P/L: $490

    • Stock Price: $200/assigned @ 200
    • Stock Price: $195/called away @ 195
    • Premium: $1135
    • Stock loss: $-500
    • P/L: $635

    It's better atm?
     
    Last edited: Jan 2, 2024
    #62     Jan 2, 2024
  2. Quanto

    Quanto

    What results do you get when using other values like 2 and 5 ?

    IMO the Wheel Strategy requires too much capital.
     
    #63     Jan 2, 2024
  3. I adjusted for that and it yielded substantially worse results...spreadsheet saying atm yields the best results...consistent with the calc above using todays data.

    It doesn't require much capital considering the returns. Look at it like a buy and hold dividend stock on steroids. :)

    The HULK strategy (Hold Until Last Strike) :)
     
    Last edited: Jan 2, 2024
    #64     Jan 2, 2024
    Quanto likes this.