I’ve been a fan of selling short strangles for a while, usually in the 7-14 dte range and .20-.25 delta each leg. Usually things are pretty manageable, but the call side gets tested frequently.
It has me questioning everything and wondering if I would just be better selling 2x as many puts at the same delta and no calls. Then just wheeling shares that get assigned.
What is your opinion on the better strategy, sell puts and wheel vs short strangles?