Thanks for all the responses
Just to clarify, my question is not about why only btc or roll, it's if you're going to btc, why not roll instead. Based on what I was reading I was getting the sense that several were simply BTC and taking a loss or breaking even. I also understand the mechanics of 2 separate trades to roll a single position if a brokerage doesn't provide a combo trade. Speaking of, if you must do it 1 trade at a time, can you not link orders conditionally, manually? Thanks to those who have been sharing their reasons and sentiments for the upcoming week.
In regards to the wheel, yes this thread started off as learning all about the wheel. I only joined TMC and more specifically this thread recently a few months ago. Some of us have some rendition of the wheel in our portfolio. And as also been stated, some of us are trading in taxable accounts, so it's not always as simple as saying just exercise and sell CSPs the following week. While this is always an option, at least myself, I prefer NOT to exercise for tax purposes. In some cases it will make sense to do this but for me, not right now. In my tax sheltered account this is a viable option. IIRC
@Lycanthrope has also allowed exercise as recently as a couple weeks ago and has posted several times about his big CSP holdings. I am here to learn.