I have yet to meet my goal of hitting $50k profit. Now, I keep selling put options for this share =:$AAOI 20261002 100.0 PUT$ $AAOI 20261009 95.0 PUT$ and earn premium. If the option got exercise, I will sell call option and sell put option at the same time. It is a wheel strategy to earn passive income weekly.
# Make Investing Interesting

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  • smile000
    ·11:33
    Wheel works nice for premium, but below 90 the margin pressure gets ugly fast. I care more about whether AAOI fundamentals can support that assignment risk
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  • wavyloo
    ·11:33
    95 puts are a comfy lane here, theta does the heavy lifting. If assigned, the covered call leg is just clean wheel math
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