2026-01-05 19:16:47

🔴5 HUGE problems with the wheel strategy.

1. You sell cash secured puts (CSP suck)
2. You have a pile of cash sitting there doing nothing.
3. Selling puts is bullish, yet you have cash sitting there not working.
4. If you get assigned the shares (should be a great company at a good price if you truly were bullish selling the put) the strategy says to sell CCs.
5. Why would you wanna cap upside by selling CCs on something you are bullish on...

I have yet to see someone send me a legit ROI in the last 5 years (through bear market and bull market) that has beat the SP500 with the wheel.

Attached is my ROI in the last 5 ish years.
Key word, 5 years.
Not just 2 or 3 in the raging bull market.
To make it even better, I will start my ROI right before COVID.

Keep in mind, this is true ROI, not me sending money to my account to make the value go up.
True money made on my money.
I beat the market through 2 bear markets.

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