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hello everyone and welcome back to the channel so today were going to look at the stock repair strategy and im a pretty big advocate of just risk management in general and i feel that anybody that is running the wheel on stocks and selling cash secured puts and getting assigned and selling covered calls should know how to use this strategy or at least know that it is available because it can actually really help you especially if the stock has dropped im docHubly below your cost basis so what were going to do is were going to use amc right here just as just to kind of show how to do this and were going to assume that we entered somewhere at the 40 level right here and we can see that the stock mail is trading at roughly 30. so were down roughly 25 percent or a thousand dollars and the stock repair strategy is basically just a ratio spread a ratio call spread and a ratio spread is basically where you buy and sell an unequal number of contracts and in this case its going to