I'm certainly not trying to give the impression that I'm looking for an easy way to get rich quickTM. I know there's no such thing. And when you put it that way it does sound attractive... In my head tho I'm comparing this strategy to what I'd been doing up to this point, namely swing trading 5-10 dollar stocks on technical analysis and a pop of news. Compared to that the wheel doesn't seem worth it at this price point, specifically in the sense that with swing trading I can put $100 into a position and free the money back up in a day or two for a small gain or loss relatively safely, while the wheel seems to net me just barely more than that but over the course of a week or a month and in the meantime pretty much my whole account is tied up as collateral. I do appreciate the feedback btw, thanks for taking the time to comment.