The Wheel Strategy

The Wheel Strategy is a systematic approach to options trading that combines cash secured puts and covered calls to generate consistent income. This strategy gets its name from the cyclical nature of alternating between selling puts and calls, creating a “wheel” of continuous premium collection. By selling options on stocks you’re willing to own at … Read more

Covered Calls

Covered calls are one of the most popular options strategies for generating income from stocks you already own. When you sell a covered call, you collect an immediate premium in exchange for the obligation to sell your shares at a predetermined price (the strike price) if the option is exercised. The “covered” aspect means you … Read more

Cash Secured Puts

Cash secured puts are a conservative options strategy that generates income while potentially allowing you to purchase stocks at a discount. When you sell a cash secured put, you collect an immediate premium in exchange for the obligation to buy 100 shares of a stock at a predetermined price (the strike price) if the option … Read more