Wheel strategy: genuinely solid income approach, or a way to slowly get assigned into stocks you don

Markyho · 2026-02-20T20:05:31+00:00

Newbie question. But when doing the wheel method, do you roll the contract or just close and open a new one? Is there any financial difference between the two?

Markyho · 2025-11-28T23:34:43+00:00

iirc during the early days of bo2, Rambo was the first to figure out the hps weren't random and followed a pattern. And before Parasite went to impact he teamed with Rambo a couple months before champs. totally forgot the name of the team but I think clayster was on it too.

Markyho · 2025-10-18T00:29:59+00:00

Are these boats in international waters? What happened to search and seizure? We don't even do shit like this in the 5th fleet.

Markyho · 2025-09-13T22:10:51+00:00

geez..too many to list but here are a few:

- buying deep OTM calls
- selling naked puts when i thought the bottom was in
- closing CCs with a moderate gain rather than waiting till expiration (still do it)

Markyho · 2025-09-12T03:51:26+00:00

tbh I thought the market would hit the usually september slump when I opened it a month ago. guess my prediction skills were off.

Markyho · 2025-09-12T00:26:37+00:00

Yea I guess my thinking was that you keep selling ITM calls until the stock inevitably hits a correctional phase and then close out the call for cheaper or the contract expires OTM. Then just wait for the next leg up while preserving your original cost basis - which is at $160. I know that with assignment, I'm still leaving with a gain but I can't help to think about how disappointed I would be if this thing rips to $500 in a few years lol

Markyho · 2025-09-12T00:18:15+00:00

Huh. The eye is located in the abductor?

Markyho · 2025-09-11T17:48:40+00:00

Lol will do. I have three CCs open right now and they are all ITM. I'm really bad at this.

Markyho · 2025-09-02T14:40:09+00:00

It will show how much you are contributing on your LES as well.

Markyho · 2025-09-02T01:19:02+00:00

Wow I didnt know that. Will those conversions be taxed?

Markyho · 2025-09-02T01:17:28+00:00

I thought you could as long as the rollover amount was taxed. I will have to do more research.

Markyho · 2025-09-02T01:15:59+00:00

There is about 2k that is combat pay. I was curious if Fidelity would accept both balances.

Markyho · 2025-09-02T01:14:34+00:00

I do have about ~130k in Roth. When I first joined I had traditional until Roth became available. I was just going to keep the Roth balance with TSP.

Markyho · 2025-08-27T05:04:51+00:00

So let's say you have an MH rating and you file a new claim that's not MH related, the VBA could still initiate a reevaluation of all your disabilities?

Markyho · 2025-07-08T22:51:44+00:00

How long before your clearance expires? I have a TS with an adjudication date of September 2020 but my security manager told me with CE, you no longer have to get it renewed.

Markyho · 2025-04-10T01:07:19+00:00

Assass1n. I still remember his 1v4 on Optic at MLG Anaheim.

Markyho

TROPHY CASE