Welcome to the fifth lesson on how to sell Vertical Put Credit Spreads. You should have gone through the prior lessons and sold both a covered call and a cash-secured put and managed the positions during expiration. These trades are what I like to call covered and in my opinion are two of the safest […]
Selling options using the options wheel strategy does not come without risk. I had to take a loss on my ARKK vertical put credit contracts. In this blog and the associated video, I share how I evaluated my situation and what my alternatives were. The video was recorded before I made my decision. I go […]
Is it possible to use the Options Wheel Strategy to double returns in retirement accounts? In this blog post and the associated video, I share my November results of using the Options Wheel Strategy in my Roth IRA. I completed ten trades. I rolled seven vertical put credit spreads and two covered calls. I had […]
By selling options I made $2,065 in June 2021. I used coved calls, cash secured puts and Vertical Credit spreads to earn the monthly income. Rolled 5 option positions into the future and made good premium on my trades. Also, I had a total of twelve trades with an average premium per trade of $170. […]