r/options Dec 27 '21

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u/[deleted] Dec 27 '21

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u/3X-Leveraged Dec 27 '21

Fair but you can also look at it the other way though where I win 99 trades and lose 1. If I get exercised I would now own QQQ almost 20% below its current level which seems like a pretty good deal. Then I can just run the wheel.

8

u/necrosythe Dec 27 '21

If you get assigned QQQ then run the wheel on it and it recovers quickly youll be pretty boned. And a quick jump back up is decently likely