VBIN's oil stock thread.

[fenders53]

That's how we learn and establish our personal rules. It's why I dont like a wheel strategy that is on cruise control. Over sold or bought usually matters. And of course there will be a lot of years when the market goes sideways or slightly down for years. Covered calls look attractive then. It's been years since you could get by with selling them on your entire port without regretting it soon. I really do like to stagger them though. It's a lot easier to swallow if you still have shares running.