Current events, Coronavirus, Volatility, etc.

Buying stocks and holding on to them is better than the wheel, but only in bullish markets; the wheel can be helpful in bearish scenarios when you expect a decline in the short term.

It sounds really good. And it is! But it has its downsides :)

OOOOOoooooOOOO spooooOOOoooKyyyy assignnnnnnmenttttt and exerciseeeeeeeeeee oooOOOOOoooo

Listener email with a great question and thought I'd help clear up any confusion before moving on to more complex topics!

Stop closing your winners early and stop managing your losers!

Don't get lost caring about "magnitude".

Credit spreads are the bread and butter of Theta Gang trades, especially for newbies wanting to get started with a smaller bankroll.