CBAT Wheel Strategy Trades Follow UP Video | 3/25/2021
- Published the CBAT Wheel strategy trading idea back in December 2020.
- Opened $5 strike and $2.5 strike Short Put positions continuously since then.
- Got assigned once but managed to get out when the stock price recovered.
- PNL for the trades since December 2020 has been positive.
- Still have several open positions with April and May expiration.
- The daily chart shows a pretty strong support and resistance line at around $5.
- The game plan is to wait until expiration if the stock price stays around $5.
I have been trading options since 2010 and have been testing and experimenting with various trading styles. Fundamental Analysis based, Technical Analysis based, Trend Following, Day Trading, Swing Trading, etc.
My primary option trading strategies incorporate volatility and I am constantly experimenting with various trading strategies to improve my PNL.
I hold two Master’s degrees (MSc and MBA) with career experience as a cancer research scientist and a digital marketer.
My primary option trading strategies incorporate volatility and I am constantly experimenting with various trading strategies to improve my PNL.
I hold two Master’s degrees (MSc and MBA) with career experience as a cancer research scientist and a digital marketer.
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