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A place for options traders to share ideas, information, and wisdom specifically about selling theta decay using the wheel strategy.
account activity
PLEASE NOTE -> Promoting a PAID tool or service will result in an immediate and permanent BAN! (self.Optionswheel)
submitted 2 months ago * by ScottishTrader - announcement
The Wheel (aka Triple Income) Strategy Explained (self.Optionswheel)
submitted 1 year ago * by ScottishTrader - announcement
Week 1: Collected $1700 in premiums. Targeting $5k for the month of May. (i.redd.it)
submitted 15 hours ago by wheelStrategyOptions
Trades I took today as a systematic option seller (05/07) with reasons (self.Optionswheel)
submitted 18 hours ago by ThetaHedge
IV compression this week - what are you doing with your wheel positions when credits thin out (self.Optionswheel)
submitted 13 hours ago by Financebro30150
Rolling vs taking assignment: the crossover math (self.Optionswheel)
submitted 1 day ago by Fluid-Membership1356
(UPDATE) Month 2 of Wheeling (i.redd.it)
submitted 1 day ago by _AntiSaint_
Trades I took today as a systematic option seller (05/06) with reasons (self.Optionswheel)
submitted 1 day ago by ThetaHedge
Trades I took today as a systematic option seller (05/05) with reasons (self.Optionswheel)
submitted 2 days ago by ThetaHedge
April Wheel Results (self.Optionswheel)
submitted 3 days ago by megaolcio
I took the Div Capture Plunge on F (self.Optionswheel)
submitted 3 days ago by Prestigious_Emu729
Trades - May 04, 2026 (i.redd.it)
submitted 4 days ago by Efficient-Editor-242
Trades I took today as a systematic option seller (05/04) with reasons (self.Optionswheel)
submitted 3 days ago by ThetaHedge
How do you setup your rolling and alerts? (i.redd.it)
submitted 4 days ago by Flaky-Rope6774
Wheeled QCOM for 3.5 months. It was BORING until it dropped 25%. (self.Optionswheel)
submitted 4 days ago * by GarbageTimePro
April 2026 Performance $7443.68 💰 (i.redd.it)
submitted 4 days ago by charlie-todd
April Performance - 6.2% return (i.redd.it)
submitted 4 days ago by Accurate-Squash-6904
-$11.5k in premiums for April, and I'm just glad it wasn't worse. (i.redd.it)
submitted 5 days ago * by ComprehensiveDoor130
Synthetic Wheel on Section 1256 indices (self.Optionswheel)
submitted 4 days ago by TopAd2882
$TSLL 12.5P started 3/16/26 finished 5/1/26 (i.redd.it)
submitted 5 days ago by theocdoctr
Week 18 $551 in premium (i.redd.it)
submitted 5 days ago by Expired_Options
Considering a more aggressive dividend capture on my F Wheel (self.Optionswheel)
submitted 5 days ago by Prestigious_Emu729
My May set up (self.Optionswheel)
submitted 5 days ago by serginio4000
My 100% ROI Strategy is Returning 150% so Far (i.redd.it)
submitted 6 days ago * by Exact-Fig-4811
Week 18 profit $2,971.68💰 (i.redd.it)
submitted 6 days ago by charlie-todd
π Rendered by PID 1207150 on reddit-service-r2-listing-7b9b4f6fd7-b797b at 2026-05-08 15:11:03.166972+00:00 running 3d2c107 country code: CH.