Options Trading

[xin]

Anyone here uses the wheeling strategy in options? Selling cash secured puts and rolling over to covered calls once assigned the stocks. How does this fare compared to just buy and hold stocks?

I'm currently just going long on everything. Basically, does this wheeling strategy works with average portfolio (not enough cash to cover all assigned stocks). I have around 60k+ in the stock market.

[Oliemindex]

I saw your post while looking for something. Options trading can initially feel overwhelming, but it can be fascinating once you get the hang of it. When I started, I felt like stepping into a new world.

[Oliemindex]

Originally Posted by Oliemindex

I saw your post while looking for something. Options trading can initially feel overwhelming, but it can be fascinating once you get the hang of it. When I started, I felt like stepping into a new world.

It’s all about strategy and being patient. One thing I found helpful was learning about the different types of options and how they work. It’s like having more tools in your toolbox. If you want to dive in, I recommend checking out resources like https://immediateedgeapp.org/ . They have great information to help you understand the basics and start. Just take your time and don’t rush into anything.