Wheel tactics, straight from the desk
Hands-on playbooks for premium sellers: expirations, position sizing, rolling and repair — with concrete numbers, not vibes. Free while we build out the library.
Wheel screen says wait: 3 lines, 0 inside the spread cap
Three puts reached the first screen, but their spreads ran from 14.80% to 34.64%, versus an 8% cap. No premium or entry ticket is published because zero contracts survived the market gate.
Wheel screen says wait: 0 contracts reach the shortlist
At 9:52 a.m. ET, none of 13 eligible watchlist names had a 30–45 DTE put reach the first chain shortlist. No strike or premium is published because the market gate stopped the screen before a setup existed.
Wheel screen says wait: tightest Cboe quote is still 18.98%
At 9:51 a.m. ET, none of 12 eligible watchlist names had a 30–45 DTE put clear every hard gate on Nasdaq and Cboe. HOOD was the nearest Cboe quote at 18.98%, still more than twice the 8% cap.
Wheel screen says wait: spreads stay above the 8% cap
At 9:52 a.m. ET, none of 12 eligible watchlist names had a 30–45 DTE put clear every hard gate on Nasdaq and Cboe. AMZN came closest, while MRVL and HOOD were wider, so no contract ticket is published.
Wheel screen says wait: no contract clears liquidity
At 9:51 a.m. ET, none of 11 eligible watchlist names had a 30–45 DTE put clear every hard gate on both Nasdaq and Cboe. AAPL came closest, while GOOGL and DRAM remained too wide, so no contract ticket is published.