Using Genetic Algorithms to Efficiently Trade the Wheel (Python)
Published in
14 min readMar 17, 2021
The wheel is a loss-limited option selling strategy that is very effective at generating income in a portfolio. Typically when trading the wheel, stocks with weekly options are preferred since they fetch higher premiums (percentage-wise) than monthly options or LEAPS. However, due to the high number of stocks on US stock exchanges offering weekly options and the differences in…