My Biggest Wheel Strategy Mistake This Year (In The Money Cash Secured Puts)
I really messed up in the public $5K portfolio—my cash secured puts on Snapchat are now deep in the money after a brutal 20% drop. In this video, I break down exactly what happened, walk through my thought process on whether to roll, add, or sit tight, and show you how I manage positions when the market punches me in the mouth. I also reveal the new Fiverr trade I opened, why I liked the setup, and how I’m keeping the portfolio diversified while still aiming for strong ROI on collateral. This is a real look at discipline, damage control, and sticking to the Ark Options Strategy when things don’t go as planned.
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