Does anyone actually enjoy manually scanning Greeks for the Wheel Strategy?
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What’s the hardest part of managing the Wheel Strategy?
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I've personally found that calculating downside protection while also checking IV rank across 30 different tickers is a recipe for a headache. I'm curious if most people here are using spreadsheets, brokerage tools, or just 'gut feeling' when picking their strikes?
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I've personally found that calculating downside protection while also checking IV rank across 30 different tickers is a recipe for a headache. I'm curious if most people here are using spreadsheets, brokerage tools, or just 'gut feeling' when picking their strikes?