Learning about the wheel strategy. Question about premiums and more
I see posts like this https://www.reddit.com/r/Optionswheel/comments/1hw8fzk/premium_sucks_for_blue_chip_stocks_csps/ but how do you know if you have good or bad premiums? I tried searching for premium formula but didn't get good results. Am I even using the proper term to ask? TIA!
I have a paper/play account with thinkorswim. The desktop app is confusing but trying to get better at understanding it. Is anyone else using this platform to trade?
Roughly, how many "hours" per week are you dedicating to pure trading options and researching stocks that you're willing to own?
Are there any tools that you pay for such as https://powerxoptimizer.com/products-powerx-optimizer ? Is this tool a scam or overrated where I can find information for free?