June 2022 Lifestyle Trading Update - Selling Options To Buy A Tesla Model 3!
A quick update on how the Wheel Strategy performed for the month of June 2022. Did I meet my profit goal to make my Tesla Model 3 payments? Let's find out!
Subscribe to Trading 5 Talents to learn how I use options trading, specifically The Wheel Strategy to boost my monthly budget.
LINKS
Subscribe: https://bit.ly/T5TSubscribe
Twitter (@trading5talents): https://twitter.com/trading5talents
Patreon: https://www.patreon.com/trading5talents
Trade 5 App: https://bit.ly/Trade5App
#########################
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
Link to OptionSellerROI Screener - https://optionsellerroi.com/
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
* Click on "File" then "Make a copy"
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.
#OptionsTrading #TheWheelStrategy #TeslaModel3 #Options #StockMarket #SellingOptions #MakingMoney #LifestyleTrading #PassiveIncome
-
0:56
Trading 5 Talents
9 months agoOctober 18, 2023 Trade Review - Options Alpha Trading Bot
16 -
2:45:46
The Quartering
9 hours agoA Reckoning Is Coming For Kamala Harris Polls Plummet, Harley Davidson Boycott, Auto Store Goes Woke
99.2K123 -
LIVE
Vigilant News Network
12 hours agoAttorney Reveals Global Plan to Push Monkeypox into PLANdemic Territory - Media Blackout
2,099 watching -
3:43:28
Tate Speech by Andrew Tate
17 hours agoEMERGENCY MEETING EPISODE 65 - WHOS IN CHARGE?
382K382 -
7:46:53
Gun Owners Of America
18 hours agoGOALS 2024 | DAY 2
154K39 -
12:31
ThinkStory
1 day agoALIEN ROMULUS Ending Explained & Prometheus, Aliens Connections!
140K29 -
16:19
Rock Feed
1 day agoWhat is Happening to Ronnie Radke?
153K60 -
15:40
Bearing
1 day agoAustralian Break Dancer Raygun SPEAKS OUT! Was It All RIGGED?
147K110 -
1:16:48
Squaring The Circle, A Randall Carlson Podcast
1 day ago#015 Close Encounter While Man Sleeps Pt 1# - Squaring The Circle: A Randall Carlson Podcast
151K61 -
25:40
The Anthony Rogers Show
3 days agoPolitically Incorrect in Hawaii: Anthony Rogers Stand Up Comedy (Rare)
121K23