Add Multiple Accounts to the Trade 5 App! Track Your Options Trades With This New Mobile App!
New feature added based on user-requests: Multiple Accounts! Download the app here: https://bit.ly/Trade5App for a 30 day free trial!
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"
FREE COST BASIS CALCULATOR
Video Tutorial - https://youtu.be/fOgM-I8mPEU
Cost Basis Calculator Download Link (Google Sheets) - https://bit.ly/T5TCostBasisCalculator
* 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.
#Trade5App #OptionsTrading #Options #TheWheelStrategy #CoveredCall #CostBasis #SellingOptions #MakingMoney #LifestyleTrading #PassiveIncome
-
0:48
Trading 5 Talents
8 months agoOctober 17, 2023 Trade Review - Options Alpha Trading Bot
17 -
10:45
TimcastIRL
1 day agoLeaked Documents PROVE Joe Biden Collapsing, Democrats Own Polling Show Biden Is COOKED
29.4K72 -
LIVE
Wendy Bell Radio
6 hours agoReturn Of The King
8,199 watching -
7:27
Breaking Points
2 days ago72%: Biden 'NOT COGNITIVELY FIT' For Presidency
4.8K15 -
6:08
Caleb Hammer
28 days agoCaleb Decides To Help Out Homeless Guest Mid Show
14.3K2 -
LIVE
SoniCentric
10 hours agoHappy Fourth of July Fireworks & Patriotic Music
952 watching -
37:17
Digital Social Hour
3 days ago $0.02 earnedThe Real Reason Sneako Was Banned on YouTube | Sneako
39.6K20 -
12:33
Hannah Barron
19 hours agoDay in the Life with Hannah Barron!
27.3K26 -
1:03:23
Polebarngarage
21 hours agoBig Block 4x4 Shorty Van LIVES! The BEAST
32.8K13 -
15:40
Destene and Brandon
20 hours agoTelling our friends and family we're pregnant!! | Destene and Brandon
36.2K15