The Wheel Strategy Explained: How the Options Cycle Works
The wheel strategy in plain English: sell a cash-secured put, take assignment, sell covered calls, get called away, repeat. Mechanics, math, mistakes.
The wheel strategy in plain English: sell a cash-secured put, take assignment, sell covered calls, get called away, repeat. Mechanics, math, mistakes.
A plain-English guide to covered calls: mechanics, payoff, breakeven, a real worked example, when the strategy earns its premium, and when it costs you.