In this video, I explain why I don't use the wheel strategy for options trading, and what I prefer to do instead.

Data on callselling vs. putselling: https://imgur.com/1O7pKFa.

GET ACCESS TO MY STOCKTRACKING SPREADSHEET (VIA PATREON)
  / moremoneylessproblems  

CHECK ME OUT ON INSTAGRAM
  / moremoneylessproblemsyt  

MY PORTFOLIO PERFORMANCE AND MORE
https://linktr.ee/moremoneylessproblems

0:00 Introduction and Background
0:26 How the Wheel Strategy Works
2:17 Why I Don't Use the Wheel Strategy, and What I Do Instead

GET UP TO 6 FREE STOCKS BY SIGNING UP FOR WEBULL USING THIS LINK
https://a.webull.com/i/MoreMoneyLessP...
(Stocks valued between $35 and $12,600. Promotion ends June 9, 2022)

CHECK OUT MY OTHER CHANNEL (CookingFocused)
   / theregularchef  

MY VIDEO EQUIPMENT
https://amzn.to/2XypWb7

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefited from. Thank you for your support!

This video is purely for informational and entertainment purposes, and should not be taken as investment advice