▲ 11 r/Optionswheel
PMCC vs Wheel from my experience.
Started doing PMCC with $11k and went down to $7.5k. Two months ago, I switched from PMCC to CSP/CC using some margin. I haven't been assigned or had to roll anything, so basically, I've only been doing CSPs, and my account has gone up to $11.7k. I'm still holding a Netflix PMCC, which is currently down around $1.5k.
IBKR's performance tab still shows that my performance is down, but I'm actually up $700.
I'm not saying the wheel strategy is better than PMCC, but it has worked better for me so far.
u/gioadamski — 5 days ago