u/smart_pineapple

I’ve been wheeling BABA at a strike price of 130 and recently the stock has plummeted almost 25% to ~100. I’ve decided to take the assignment and am looking to sell Calls following the wheel strategy. As the stock doesn’t seem to be recovering anytime soon, the premium is very low and will require me to sell at a further DTE if I sell calls at my cost price. Any advice on whether I should sell the calls immediately or wait it out until the market recovers?