Skip to content
TrackPodcasts
businessDec 12, 202512:49pending

Why I Prefer "The Strangle" Over The Wheel Strategy (Sometimes)

About this episode

🖥️ Register For A Workshop + Free Calculators: 👉 https://onlypeterpru.com/ark-options-workshop?utm_source=pod&utm_id=social

🚨Get Trade Ideas & Market Updates: 👉 https://theweeklywheel.beehiiv.com/

While the Wheel Strategy is my go-to for building long-term wealth, it leaves significant income on the table when the market is stuck trading sideways. In this video, I explain why I switch to "The Strangle" during these flat periods to collect double the premium by selling options to both bulls and bears simultaneously. I’ll show you the exact volatility signals that tell me it's time to pivot, and the strict risk management rules I follow to ensure I never get caught in a position that endangers my principal.

Get every episode summarized

Each time Peter Pru | Option Sellers School publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

Hosts & guests

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

Why I Prefer "The Strangle" Over The Wheel Strategy (Sometimes)

Peter Pru | Option Sellers School

0:00
12:49

More episodes

More from Peter Pru | Option Sellers School

View all episodes →