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I have been doing wheeling for some time but feels like not worth the time and work. Also it is difficult to select good and stable stocks to wheel on. I have been doing telecommunications stocks like AMT, VZ, comcast and Chtr but was burned by chtr and “riskier” stocks like robinhood and other LETFs. How do you really know the stocks you selected won’t suffer from declining business and therefore declining stock price? If the stock you selected is volatile enough you might as well just buy on dip or do some swing trading. Usually stocks with higher Iv come with higher risks, stocks that are more stable has less IV. Wheeling also takes significant effort up to like 10x work vs just buy the dip and hold. It is also difficult to truly master the skills and understand the technicalities / nuances of options. There are just too many variables. Know when to cut when to accept assignment when to roll. Just too much skills to learn It is difficult to execute wheeling in practice. If you decide to roll, you may end up with multiple open positions over some time and you need to keep track of them and manage them. It’s too much cognitive load. Often the rolled positions may get worse over ti

30 pts · 64 comments · u/SadComparison9352 · 2026-04-25 19:08 UTC