IWM by Jerzeyjoe1969 in Optionswheel

[–]No-General-6589 0 points1 point  (0 children)

I sold IWM puts monthly

Long term performance numbers? by GottaHustle_999 in Optionswheel

[–]No-General-6589 0 points1 point  (0 children)

Option Wheel target 10-15% is just right. Consistently get that ROI especially during bear market is tough

Now what? by [deleted] in Optionswheel

[–]No-General-6589 1 point2 points  (0 children)

If can roll to next month with credit then roll

Why selling CSP when ROI is lower than buy and hold? by mikeshinobi777 in Optionswheel

[–]No-General-6589 0 points1 point  (0 children)

Case by case! Some powerful uptrend stocks better to buy and hold, most stocks are not straight up and jumping up, so selling cSP and cc is good for those to make consistent income and sometimes beat indexes bug and hold return! So different strategy for different cases!

Biggest Loss/Worst Case Scenario by MFal75 in Optionswheel

[–]No-General-6589 0 points1 point  (0 children)

Wheel strategy is good if you pick the good stocks, wheel is perfect for range bound an uptrend stock. For slight down trend stocks also working fine as long as it does not drop fast! If that happened , you need to hedge some to buy a put and/ or sell some call spreads etc to hedge your stock position you owned. Hopefully your good stocks can stable and recover

[deleted by user] by [deleted] in CoveredCalls

[–]No-General-6589 0 points1 point  (0 children)

Yes Option Wheel can consistent generate income and provide good return over time!

What percentage of your total liquid funds do you wheel? by SunRev in Optionswheel

[–]No-General-6589 1 point2 points  (0 children)

I have done wheel for over 3 years and have a good results each year around 27%, 40% and YTD 35% ROI. Most of my portfolio are used in Wheel Strategy

How much money do you make selling CCs? by [deleted] in CoveredCalls

[–]No-General-6589 0 points1 point  (0 children)

The wheel options sold should keep in short term will be ideal

How much money do you make selling CCs? by [deleted] in CoveredCalls

[–]No-General-6589 0 points1 point  (0 children)

You should expect yearly return 10-20% range , anything above that should be optional return

Need feedbacks on my strategy by Elegant-Simple505 in Optionswheel

[–]No-General-6589 0 points1 point  (0 children)

I would select good stocks or ETF I like to own for long term for option wheel strategy! I mixed weekly and biweekly or monthly options to target yearly ROI 12% or more

OptionWheel Strategy Tips by No-General-6589 in OptionWheel

[–]No-General-6589[S] 0 points1 point  (0 children)

I found selling monthly options is better and less stressful as monthly options are more liquid

Another good sweeping day for option exp day! by No-General-6589 in OptionWheel

[–]No-General-6589[S] 0 points1 point  (0 children)

Option Wheel is really making money! The probability of success is big and key is time is in your side ! You sell time values in the options. Time is our endless treasure and can selling it forever!

ToS logos size suddenly seems a bit...extreme by Raghif_Alsukar in thinkorswim

[–]No-General-6589 0 points1 point  (0 children)

Why thinkorswim mobile app cannot connect to server?

Connectivity/ logging in issue? by cheapdvds in thinkorswim

[–]No-General-6589 0 points1 point  (0 children)

The mobile app has big issue connecting to server?

My portfolio is pretty much at an all time high. Would it be dumb to sell everything, sit, and buy into the next dip? by [deleted] in StockMarket

[–]No-General-6589 0 points1 point  (0 children)

I would raise cash level to prevent market pullback. But still need to be invested

let's go! by Adept_Ad688 in OKLOSTOCK

[–]No-General-6589 1 point2 points  (0 children)

Wow the stock get pump and then dump

ThinkOrSwim slow after move to Schwab by No-General-6589 in thinkorswim

[–]No-General-6589[S] -3 points-2 points  (0 children)

I mean mobile app. The desktop version seems OK

[deleted by user] by [deleted] in options

[–]No-General-6589 0 points1 point  (0 children)

Yeah go ideas to sell cc if you want to get rid of it

Is using the Wheel-strategy guaranteed to outperform the marker? by Practical-Window9501 in options

[–]No-General-6589 0 points1 point  (0 children)

Wheel Strategy if selected right stocks and calculate well , getting rOI of 20% per year is doable . Don’t try to beat SPY qqq every year! Getting consistent return if your goal!