Learn How To Retire With $437,000


Learn How To Retire With $437,000

The Wheel Strategy is a popular options income strategy that combines selling puts and covered calls in a repeatable cycle.

How It Works

  • Sell a cash-secured put on a stock you’re willing to own.
  • If the stock is not assigned (stays above strike), keep the premium and sell another put.
  • If the stock is assigned (drops below strike), you buy the stock at the strike price.
  • Once you own the stock, sell a covered call on it to generate income.
  • If the call is not exercised, repeat selling calls.
  • If the call is exercised, the stock is sold, and you restart the cycle by selling puts again.
  • This strategy works well for investors seeking consistent income with a plan for owning quality stocks.

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