Using Genetic Algorithms to Efficiently Trade the Wheel (Python)

Anthony Morast
DataDrivenInvestor
Published in
14 min readMar 17, 2021

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Photo by Mae Mu on Unsplash

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…

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I am a professional software engineer and an amateur mathematician. My main interests are programming, machine learning, fluid dynamics, and a few others.