EPISODE · Dec 12, 2025 · 12 MIN
Why I Prefer "The Strangle" Over The Wheel Strategy (Sometimes)
from Peter Pru | Option Sellers School · host Peter Pru
🖥️ 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.
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Why I Prefer "The Strangle" Over The Wheel Strategy (Sometimes)
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