Multiple ID's is usually the kibosh for most forums...
RWM ok to hold longer than a day?
- Thread starter wxytrader
- Start date
Multiple ID's is usually the kibosh for most forums...
You can simplify by simply taking ATMWould make no difference at all, IMO.
- Stock Price: $200/assigned @ 199
- Stock Price: 195/called away @ 196
- Premium: $890
- Stock loss: $-400
- P/L: $490
- Stock Price: $200/assigned @ 200
- Stock Price: $195/called away @ 195
- Premium: $1135
- Stock loss: $-500
- P/L: $635
It's better atm?
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What results do you get when using other values like 2 and 5 ?
IMO the Wheel Strategy requires too much capital.
I adjusted for that and it yielded substantially worse results...spreadsheet saying atm yields the best results...consistent with the calc above using todays data.
It doesn't require much capital considering the returns. Look at it like a buy and hold dividend stock on steroids.
The HULK strategy (Hold Until Last Strike)
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