I could see that I ended up the year with 2% profit on my wheel strategy. I am not in the US market and the market I am at is a little slow and does not have huge premium - risk reward relation unfortunately.
I would like to make more, at least 6% yearly.
Let's suppose I have a 100k bakance, I would like to make at least 500 a month.
I keep studying and studying, but so far I only to cash secured puts and covered calls.
Delta super high for very small premium.
I wish I could operate on the US market, but my 100k would only be worth 5k and the fees would be too high. But if I could, I would.
Any tips would be helpful.