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.
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.
A vertical spread combines two calls or two puts with the same expiration but different strike prices. I explain debit spreads, credit spreads, risk, profit limits, and assignment.
What triggers a wash sale with options, why I don't trust broker 1099-B wash-sale numbers alone, and why I review my trades in November and December. Educational only—not tax advice.
An honest look at binary yes/no event contracts, how their prices act as implied probabilities, key differences from options, and whether they fit a trading plan or feel more like sports betting under a brokerage label. Educational only.
0DTE options are everywhere now, and they look easy. Here's why I treat them as a tiny slice of what I do, if I touch them at all. Educational only, not financial advice.
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.