Price is right big wheel strategy3/8/2024 ![]() ![]() ![]() Since the Wheel trading strategy uses options to boost the returns on investing the underlying for the long-term, we choose the best ETF by the volume of options traded for each ETF. The 3 ETFs have different tracking accuracies, different management fees, so you might wonder which one is most suitable for the Wheel Strategy. There are 3 popular ETFs that track the S&P 500, which are SPY, IVV and VOO. Which S&P 500 ETF Is Most Suitable for the Wheel Strategy? The Wheel Strategy is a set of steps to combine trading options with stocks to increase the return overs the traditional buy-and-hold strategy.Īn expert options trader knows that selling options is most profitable when the underlying doesn't fluctuate a lot, which makes the Wheel Strategy perfect for S&P 500 ETFs that are well diversified and prices don't change suddenly. ![]() Investing in an S&P 500 ETF is a diversified way of purchasing stocks from all these companies at the same time. Tesla was also included in the S&P 500 index for the first time in December last year. Some of the most dominant companies in the world, such as Apple, Google, Facebook, Netflix, Disney are included in the index. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |