Extracted algorithm research record
Wheel Strategy
Automates the classic wheel options strategy by selling cash-secured puts, buying the stock if assigned, and selling covered calls.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 50.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Opacity warnings
- UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.
Recorded market & execution profile
- Recorded timeframes
- any
- Recorded sessions
- any
- Recorded regime
- trending|ranging|volatile|breakout|any
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| No indicator stack was recorded. This does not establish a price-action-only strategy. | ||
Extracted strategy rules
Recorded long-entry rules
- Sell cash-secured puts on stocks you wouldn't mind owning
Recorded short-entry rules
- Not specified in the extracted record.
Recorded exit rules
- Buy the stock if assigned
- Sell covered calls on the stock you own
Recorded filters
- Buying power limit
- Liquidity (open interest)
- Yield
- Delta
- Stop loss
- Not specified
- Take profit
- Not specified
- Position sizing
- Not specified
Questions about this record
What entry rules are recorded for Wheel Strategy?
Long: Sell cash-secured puts on stocks you wouldn't mind owning Short: Not specified. These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: PLTR, NVDA, MP, AAL, INTC, CAT, AAPL, DLR. Timeframes: any. These are source-recorded labels, not verified execution behavior.