Monthly Income Trading Options & A Trip To The ER!
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Monthly Income Trading Options & A Trip To The ER!
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In this episode we talk about how much income we were able to generate this month trading the wheel. The wheel strategy is a great options strategy to use in a sideways or down treading markets. By selling cash secured put you can buy shares at a price you like and get paid to do so along the way. After you buy those shares you can use them as collateral to sell covered calls. Flip flopping between selling calls and puts is call the wheel strategy and is a great way to add income to your portfolio. We will also talk about Brad getting to meet on of his hero's, his sons first trip to the ER and all the other things going on in our life at the moment.