A plain-language guide to selling covered calls on stock you already own. Learn how strike selection works, the downside trade-off, and what happens when your stock gets called away.
The wheel strategy uses cash-secured puts and covered calls to generate premium income. Here is how I run the wheel end to end, and where the risks actually hide.
Sizing options trades comes down to capping maximum loss per trade at a small percentage of account capital. Here is the math, the leverage check, and the pre-entry routine I use.
When an options trade moves against you, panic leads to bad decisions. Here is my practical decision framework for rolling, taking a loss, or accepting assignment without emotional coping.
When markets feel frothy, I stay invested but get defensive with covered calls and cash-secured puts. Here is how I use them for income and a lower cost basis—and why they will not save you from a big drop.
