The Wheel Strategy Explained - How To Make Money Selling Options!
I will show you how the Wheel Strategy works and how this options trading technique can make you money by taking advantage of theta decay by selling options premiums.
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.
#TheWheelStrategy #SellingOptions #Robinhood #MakingMoney #LifestyleTrading #PassiveIncome #OptionsTrading
-
0:52
Trading 5 Talents
9 months agoOctober 24, 2023 Trade Review - Options Alpha Trading Bot
29 -
5:31
Cooking with Gruel
12 hours agoThe Best Grilled Asparagus
22.9K4 -
10:21
SonnyFaz
18 hours agoboston robber - a short film
37.3K50 -
24:18
Chrissy Clark
1 day agoThe Dark Truth About Tim Walz I Underreported Stories
23.7K16 -
59:47
Trumpet Daily
23 hours ago $3.10 earnedCommie Kamala - Trumpet Daily | Aug. 16, 2024
30.6K5 -
28:55
Degenerate Jay
15 hours agoIs It The Best Spider-Man Movie? Spider-Man Into The Spider-Verse Movie Review
21.6K2 -
59:18
Sarah Westall
17 hours agoToppled Gov: 30K+ Students Dead or Injured, Bangladesh w/ Strong Middle East Ties: Cynthia McKinney
29.7K20 -
24:37
GameLeap RAID Shadow Legends
12 hours agoBEST F2P CHAMPS for FACTION WARS - Build for EASY LYDIA - Raid: Shadow Legends Guide
10.8K2 -
7:43:54
Fresh and Fit
17 hours agoDebating Haters, Castle Club Q&A, Kamala Campaign Analysis w/ Tommy Sotomayor
139K95 -
2:38:41
slightlyoffensive
18 hours agoTrump ASSASSIN “Accidentally” CREMATED by FBI | Guests: Revenge of the Cis
58.1K61