Link to the video: https://youtu.be/MwEU3jm1Klk

Well you’ve come to the right place and I’m going to show you how I’ve taken what I’ve learned from running the wheel strategy over the last year, and upgraded it by slightly tweaking how selling puts is incorporated in the strategy.

Make sure to subscribe to the channel for more videos on options income trading and investing!

For many of you watching this, your first introduction to options was buying lotto tickets (short term calls or puts) trying to pick the direction of a stock and ended up losing money.

Then after losing some money you stumbled across theta gang strategies: the covered call and cash secured put.

And finally the holy grail of theta gang:

The Wheel strategy where you sell cash secured puts to buy the dip -> get assigned shares -> sell covered calls until you get the shares called away -> and finally start over at the beginning by selling cash secured puts

All while collecting that sweet premium for selling options along the way.

If you are unfamiliar with the wheel strategy, then I recommend watching a few of the videos I made on the wheel strategy linked in the video description. And I highly encourage you to ask any questions you have in the comments below because I answer every one of them!

This video is going to show you how I upgraded the wheel strategy to generate more premium and allow me to keep my shares for greater capital appreciation.

Last Video: https://youtu.be/-4n3pisOY2I

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Wheel Strategy Options

Wheel Options Strategy

Theta Gang

Options Selling

Passive Income