The Wheel Option Strategy: A Simple Guide
The Wheels Options Strategy is an effective and systematic approach to options trading that revolves around two key moves: selling cash-secured puts and covered calls. By combining these strategies, traders can potentially generate consistent income, even in volatile markets. In this blog, we will explore how to implement the Wheels strategy, its benefits, risks, and how it can be used to create a steady stream of passive income. Whether you’re a beginner or an experienced trader, understanding the Wheels strategy could be your next step toward smarter investing.