• Generate Big Income with the Options Wheel: Simple Steps for Beginners

  • Oct 19 2024
  • Length: 22 mins
  • Podcast

Generate Big Income with the Options Wheel: Simple Steps for Beginners

  • Summary

  • In the last video we talked about how to get started this week we are assuming you have setup your first trade, a cash secured put. Did you know you just started the options wheel strategy. Today we talk about the next steps and how to handle them. At the end of the video, I share an actual trade that I am currently running. I am going to run it weekly and see how it goes doing the wheel weekly. I have been on a journey to learn the right way to trade stock options. Along the way I have decided to share with others both my successes and failures. My hope is that others can learn and shorten their journey to learn how to incorporate one of the best ways to make passive income.

    Thanks for joining me on my journey!

    Uncle Jim

    My Blog with my options strategies, monthly reviews, and lessons on getting started. https://easyinvestingincome.com/

    If you would like early access, special content and some handholding then check out my Patreon page. / easyinvestingincome

    Get $30 off Seeking Alpha premium membership. Pay $269 vs $299 and you can try Seeking Alpha Premium for free for seven days. https://www.sahg6dtr.com/2714DHQ/R74QP/

    Try Barchart, first 30-days are free, then billed annually at $199.95 (equates to $16.67 per month) https://www.barchart.com/get-barchart...

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