SOFI Is Crashing: My Plan To "Save" The Wheel Strategy Trade

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SoFi stock has dropped significantly, leaving many Wheel Strategy traders facing potential assignment or unrealized losses. I break down my step-by-step "rescue plan" to manage these underwater positions, demonstrating how to lower your cost basis and roll options effectively instead of panic selling. Watch to see the specific strike prices and expiration dates I am using to attempt to turn this trade around.