How To Find The Best Stocks For The Wheel Strategy

Learn how to find the BEST stocks for The Wheel Strategy!

The 4 step process I use when picking the best stocks to wheel:
Intro 0:00
Step 1: Using the Right Scanners/Filters o:35
Step 2: Check the Stock's Correlation 3:55
Step 3: Double-Check Google Finance 6:05
Step 4: Check the Support Level 8:20

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#StockMarket #OptionsTrading #TheWheelStrategy

[maxlys]

Hello, thank you for this informative video, But what are your selection criteria for the Premium annualized, green, orange, red? Thanks

[diddly]

Is there a way to calculated annualised ROI without the optimizer? I appreciate why it's featured and relied on heavily in videos, but is it replicable manually? Thanks

[himanshuvaishnav]

Marcus, great video. What parameters do you use for the correlation between the stocks?

[omarghosn]

If you are selling puts/calls, do you factor in volatility? Because not all options are created equal...a TSLA will earn you more, but will be more volatile. Something like Macy's would be alot less volatile and earn you much less

[matthaze]

Best tips out there. Any sale coming up for powerx?

[InnerPathPilgrim]

Hi Markus. Regarding your annual profit calculation, do you use return on capital or return on risk capital? Thanks, Matt.

[cjgino]

Very curious why PXO calculator had annualized premiums increasing as the days go by. When I enter trade at 30% annualized and a few days go by, now it says a much higher profit in orange. Reason for this?

[gpan]

Really enjoyed your video. I was wondering for how many puts I can treat with my account size and how far out I should sell the put? Do we have any calculations that can best optimize how many contracts should be traded? For example, 10k, 25k and 50k?

[ge_song]

@rockwelltradingservices why do you want stocks pay dividends? you're not going to keep them for long term anyway.

[jakewhite]

I ‘ll admit, I got a little giddy when I saw a new video dropped! I love your plain and simple criteria, Markus, either it fits, or it doesn’t. Thanks for another juicy one.

[Twitch]

I'm trading AMC right now due to high IV of the stock. A single contract with a strike of 15 just netted me 107.00.

[alexandermuchnik]

Thanks for the cool recommendations! Do you trade cryptocurrency options?