Premium Only Content

How I Choose Stocks for the Wheel Strategy | Selling Puts and Calls for Monthly Income!
I look for three criteria to be met when I choose stocks for the Wheel Strategy. If these conditions are met, I'll sell a cash secured put or a covered call to earn passive income each month!
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 #MakingMoney #LifestyleTrading #PassiveIncome #OptionsTrading
-
0:52
Trading 5 Talents
1 year agoOctober 24, 2023 Trade Review - Options Alpha Trading Bot
29 -
LIVE
Donut Operator
3 hours agoCRIME/ FLOODS: communityfoundation . net
831 watching -
LIVE
StoneMountain64
45 minutes agoREMATCH is PEAK gaming in 2025
147 watching -
DVR
Sean Unpaved
1 hour agoMidseason Mindset, Texas Heroes, & the Hype Surrounding EA's New CFB 26
3.19K -
DVR
Nikko Ortiz
2 hours agoLIVE STREAM!!!
33.1K2 -
13:25
BlackBeltBarrister Off The Record
6 hours agoTHIS is Why People Are Angry!
131 -
2:33:41
The Confessionals
1 hour agoThe Occult Side Of Music They DON’T Want You To See (Even The Devil Can’t Hide THIS)
35 -
UPCOMING
ROSE UNPLUGGED
2 hours agoEzekiel’s War: Are We Seeing a Collision of Nations?
15 -
1:48:05
The White House
4 hours agoPresident Trump Participates in a Cabinet Meeting, July 08, 2025
19.7K27 -
1:06:46
Timcast
2 hours agoDeep State Plot For "REGIME CHANGE" Against Trump EXPOSED, Democrats DEMAND Violence
111K74