u/SadComparison9352 ·
Reddit — r/thetagang
· May 27, 2026 at 16:38
· ⬆ 20 pts
· 💬 63 comments
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Any good stock to wheel?
right now the good stocks are overvalued like semi & AI &space, sell puts may cause you to be a bagholder unless you sell so far OTM but premium is low.
every other stock outside of AI is pretty much dead/sideways. SaaS , crypto, etc.
Preferably growth and safe stocks that have strong fundamentals that can withstand inflation , weakening macro.
Looking at SPY etf and XLF but weekly premium is low.
Also looking at broker stocks like IBKR as they do well as long as there are volatility in the markets
the most important question is how to prevent becoming a bagholder of a stock that never recovers to your cost basis
Edited:
sounds like the recommendations like SOXL are quite risky at current prices