Making Money in 2022 With The Wheel Strategy! – How To Make Money Selling Options!
Here I’m showing a few updates to the Wheel options trading strategy for 2022. It worked very well last year for me and I just have a few minor tweaks to my approach this year.
Subscribe to Trading 5 Talents to learn how I use options trading, specifically The Wheel Strategy to boost my monthly budget.
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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? –
Options 101: Options Greeks –
Options 101: In the Money or Out of the Money? –
NEW TO THE WHEEL STRATEGY?
Wheel Strategy Overview –
Selling Cash Secured Puts –
Selling Covered Calls –
Link to OptionSellerROI Screener –
LIFESTYLE TRADING
Lifestyle Trading Overview –
FREE TRADE LOG FOR THE WHEEL STRATEGY
Video Tutorial –
Download Link (Google Sheets) –
* Click on “File” then “Make a copy”
FREE COST BASIS CALCULATOR
Video Tutorial –
Cost Basis Calculator Download Link (Google Sheets) –
* Click on “File” then “Make a copy”
GET FREE STOCKS!
Join Robinhood (Affiliate Link – We both get a free stock) –
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.
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