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It's one of the main ways to make a buck in the market, as far as I'm concerned.

I dropped the 20,100,5 histogram minimum of 1.00 requirement. Thus I didn't need the 20,100,5 any more. I set my strike price according to the 1,20,20.

Instead of taking the short view with a 3,16,16 I am taking the long view with a 20,100,100.

If you can make money from volatility, more power to you.

If you can't make it in covered calls there's a good chance you won't make it in any other strategy. But The Wheel is a defective strategy. You shouldn't buy a stock just because you got stuck with it on a naked put. And naked puts may not be the best use of your capital for the return you get...

I'd stay away from BIIB myself.

I'd be a big fan of tastytrade, but there were only the basics and a couple other things they said that made sense to me, but I use tastyworks and am individually-minded, so I am sort of a tastytrader...

That's interesting to know.

A 20,100,5 MACD histogram of 1.00 or higher is required to be worth investing in. Look at the 1,20,1, the 1,100,1 and the 1,200,1 MACDs and choose your strike price by whether they are pointing up, sideways or down. Follow your arrow. If a stock you own turns downward, set your strike price...

I put the screener criteria onto the chart.

I decided I need a proven system and not sweat every little up and down. Chuck Hughes uses 50- and 100-day EMAs. I use 20- and 100-day SMAs on the Barchart screener and I put in a few other criteria to narrow down the selection.

I need something shorter-term than 5,34,34 MACD and Ichimoku cloud, so I put in 1,20,20 MACD and a 20-day simple moving average.

Trading by 5,34,5 histogram was too touchy, so I took it off and put on a 34,5,34 and Slow Stochastic %K. I decided I'm just not cut out for trading put diagonals so I am quitting that, but I still keep put screeners and buy some stocks on false put screener signals.

I changed to 9-day and 14-day Raw Fast Stochastics.

Sometimes there are better bear opportunities than bull opportunities, so I started trading put diagonals again. The 5,34,34 does come in handy.

Instead of use the 5,34,34 and hope, I put in a 5,34,5 and trade by positive histogram. I subscribed to Barchart Premier again to eliminate a lot of work of looking a Percent Rs in a watchlist of stocks above $25 with weekly options.

I thought The Elite trading system left too much to luck and I need a trading system that relies more on work and skill. Sparks Fly trading system. I look for 9-day Percent R higher than -50 and 20-day Percent R lower than -50 and see if the Awesome Oscillator makes sense.

I decided ETFs aren't worth buying and simplified the chart to make stock selection more of a no-brainer.

I went back to The Elite trading system because it's futile for me to try to buy low and sell high; the best that I can hope for is that the best stocks and ETFs available will stay stable long enough for me to get some covered calls assigned before they crash. No screeners needed; I put the...

I decided instead of trying make a profit on them coming up from the bottom I should try to make a profit on them after they have already come up from the bottom. Have 100-day MACD higher than the 50-day MACD and get in according to a favorable Awesome Oscillator and sell premium aggressively.