This wheel strat only works in a consolidating market 

@Terra Incognita
I closed $BABA 20240719 82.5 CALL$ ,BABA: collected 0.7% premium from this covered call when it expired worthless after holding for 29 days. Will continue to sell covered calls in coming weeks.
I closed $BABA 20240719 82.5 CALL$ ,BABA: collected 0.7% premium from this covered call when it expired worthless after holding for 29 days. Will continue to sell covered calls in coming weeks.

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