- Entry
- $170.25
- Now
- $160.26 -5.9%
- Target
- —
- Score
- —
I've been wondering how you would recommend handling being down something like 40% as a WHEEL option trader. I still believe in the stock and have just been waiting for it to go back up but my main questions has been if I should sell covered calls below cost basis. On the one hand I'd hate for it to get called away at a big loss but on the other hand my thinking is I could just start selling PUTs …
— ORIGINAL POST ·
Selling covered calls way below Cost Basis
· r/options
· Apr 1, 2026