to the sifus here. if want to do wheel strategy.

1) what is the recommended DTE?
2) if the market is bearish, what should i do?
3) how to do you guys pick stock and entry? entry during bearish phase? after earnings and dividends declared?

Hi, what Delta would you recommend?

Last week I closed my put for coca cola , I think the reward is poor, but I am scared to csp now cos I feel market is too bullish / earnings season

i think premium not so lucrative if really want to put far OTM.

scouring through seekingalpha to find stocks to open csp.just wanna target 1-2% monthly good enough already, but limited BP

thank you sifus for the reply.

1) in my first month of option trading. BP is USD20k (including Malaysia stocks in MooMoo)
2) recent trade:
i) coreweave naked call (crazy i know, i just followed ppl signal)
ii) coreweave put (at 80 strike, expired worthless)
iii)) circle put (also expired)
3) currently open CSP on KO and AT&T (30days DTE, delta about 20, for total of $50 premium)
4) what website you guys use to search for high IV stocks?

can you give few tickers that you wheel? you deemed boring?

you guys prefer doing weekly? or 30-45 days DTE and then sell midway for 50% profit?

i targeting UBER, EQT and ROKU. have KO and T in 30days DTE (25 days left)

BTC for TQQQ, KO, DELL and AT&T recently, aimed for 50% profit only. didnt hold until expiry. like ramjade said, cannot be greedy in options, USD20 also take

please guide sifu