2024 - Modified Wheel Strategy using AI Signals

What happens if after getting assigned after first time you holding the underlying and then overnight underlying tanks in a very very bad way ?

I backtested selling atm calls/puts daily or weekly regardless of what price I got assigned at. It actually worked out to be profitable over the last year...premium received/stock gains out performed stock losses. This is never closing the short options and taking 100% of premium.
 
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