I only buy calls or puts, however, you have to look at the wheel in a different view. You are making pennies in front of a steam roller, but you are getting pai

I only buy calls or puts, however, you have to look at the wheel in a different view. You are making pennies in front of a steam roller, but you are getting paid to buy the stock you want. Most people say, if AAPL goes to $140, I will buy. Well this lets you sell puts until AAPL hits $140, then you get assigned, so you get paid every week or 3 weeks it goes up. Then when you have the stock, you sell a call against it which helps reduce your overall cost basis. This is a fairly easy strategy to automate and you can use a small account to do so.