What Are Options Greeks? - Options Basics
Learn what Delta, Gamma, Theta, Vega, and Rho are. I will explain what these options Greeks mean and how I use them when trading the Wheel Strategy.
Subscribe to Trading 5 Talents to learn how I use options trading, specifically The Wheel Strategy to boost my monthly budget. https://bit.ly/T5TSubscribe
#########################
WHAT IS THE WHEEL STRATEGY?
The Wheel Options Trading Strategy is an options selling strategy that can generate consistent, monthly income. Also known as the Triple Income Strategy, passive income is generated from:
1. Selling Cash Secured Put Options
2. Selling Covered Call Options
3. Capital Gains on Stocks Sold
The Wheel Strategy is a relatively easy options trading strategy and is considered one of the safest strategies. While not completely risk-free, it benefits from theta decay which works against many other options trading strategies. To learn more, check out the videos below.
OPTIONS BASICS!
Options 101: What Are Options? - https://youtu.be/kxqQfx7fWqw
Options 101: Options Greeks - https://youtu.be/W0dHt4h0zY4
Options 101: In the Money or Out of the Money? - https://youtu.be/aXGSHniI9ow
NEW TO THE WHEEL STRATEGY?
Wheel Strategy Overview - https://youtu.be/GDZV2l0YtP8
Selling Cash Secured Puts - https://youtu.be/QfBqUCIN5aQ
Selling Covered Calls - https://youtu.be/yFvmzjirFMY
LIFESTYLE TRADING
Lifestyle Trading Overview - https://youtu.be/7DEw2lSRUXY
FREE TRADE LOG FOR THE WHEEL STRATEGY
Video Tutorial - https://youtu.be/Wxu6ySHqqW4
Download Link (Google Sheets) - https://bit.ly/T5TTradeLog
FREE COST BASIS CALCULATOR
Video Tutorial - https://youtu.be/fOgM-I8mPEU
Cost Basis Calculator Download Link (Google Sheets) - https://bit.ly/T5TCostBasisCalculator
GET FREE STOCKS!
Join Robinhood (Affiliate Link - We both get a free stock) - https://join.robinhood.com/santial2
DISCLAIMER
I am not a financial advisor and this is not financial advice. This content is only for educational and entertainment purposes only. Any trades you see here are either past trades I’ve made or an example trade. Please don’t follow any trades you may find in these videos.
#Options #TheGreeks #OptionsTrading #TheWheelStrategy #SellingOptions #MakingMoney #LifestyleTrading #PassiveIncome
-
0:56
Trading 5 Talents
8 months agoOctober 18, 2023 Trade Review - Options Alpha Trading Bot
16 -
3:36
GeekyNerdyTechy
23 hours agoPanasonic LUMIX S9: Better Autofocus than S5II & S5IIX
922 -
1:03:52
TheMonicaCrowleyPodcast
18 hours agoThe Monica Crowley Podcast: Illegal Alien Crime Spree
3.31K3 -
10:43
History With Kayleigh
22 hours agoHave We Found Plato's Body?
1265 -
8:23
Freakin' Reviews
21 hours agoSandwich Storage Showdown: 1 Day & 7 Day Tests!
1973 -
21:06
Cody and Kellie
14 hours ago4X4 Luxury Truck Camper Kitchen Tour + Dinner
93 -
20:19
Maicy Renee
16 hours agoResults Don't Always Show Progress Made!
653 -
7:57
Chris Jericho
22 hours agoTalk Is Jericho Highlight: Who Killed WCW x The Rock
4261 -
1:12:44
ReasonTV
14 hours agoIan Vasquez: What Has Javier Milei Accomplished in Argentina?
758 -
4:11:44
ThatStarWarsGirl
12 hours agoThe J.A.C.K. Show!
13.5K9