The Options Wheel Trading Strategy Weekly Update - 8/17/24 (Record week)

[@jefflewis6340]

This is the BEST video you make of the week-keep doing it!!!!

[@shamitbrahma767]

Look at PLTR, SOFI and SOUN. You do one at a time. That’s good strategy. Keep it up. I play options with big money. Pay for my monthly expenses.

[@darrylbarger9931]

I really like these types of videos. I wonder if the professional traders would ever join you in a live option trading process. That would be cool. We hear about those people. I wonder if they exist? Maybe that can happen one day. Keep up the good work.

[@wolfe5047]

I recently added TSLL to the stocks I play with also. The 1st puts were at 7.50 at .14 closed it for .02 2 days later on 8-14. Then rewrote the 7.50 at .13 and 3 contracts plus a new 8.00 put for .28 all expiring on the 23rd. I try to get about 70% or more yield also. T^his is also why I know what yieldmax, Defiance, and Roundhill do works.

[@DH-wj6md]

Bravo, keep up the great work

[@christopherbarclay5695]

Hey dude. Love the videos. I have almost the exact trades so good to see a like minded trader. I trade TSLL, TQQQ, BITX. I also buy practice puts. On TSLL I buy them at $6. Helps leverage a bit more or just insurance against a black swan. A little trick I started doing this year with unused reserve cash in my wheel account is to buy BIL shares. Treasury ETF that yields ~ 5%. Let’s hope for a little TSLL pull back and get in the premium “kill box” as I call it.

[@christopherbarclay5695]

Protective puts••

[@equazionnortena]

Nice like the video haven’t gotten into the options, but I’m learning from you soon now jump in the water also 

[@LAapplianceguy]

Love the videos. Love options. It’s fun.

[@detucorpman]

I like the videos. I am trading TSLL too . 😊

[@mfinite689]

That's some good money, man. Keep it up!

[@georgiegirl7]

Would it make sense to trade options on the YM funds that have fallen abysmally in the hopes of offsetting some of the NAV erosion?

[@RetireonDividends]

The premium isn’t worth it

[@Valente_Quintero]

Love it

[@ronkoehler2263]

Hi Mr ROD, your videos and analysis is extremely helpful and well presented. I understand the math you use but am having difficulty how you are able to trade weekly options. Could you do an in depth video on how you are able to do this with an example or two walking us through the whole process. What broker are you using? Thanks, Ron

[@RetireonDividends]

I will soon enough

[@JimC-tx3iq]

Your discord link is expired, can you update?

[@AkHiker]

Do you share this spreadsheet in your discord?

[@RetireonDividends]

Should be in the spreadsheets channel

[@DavidO.2001Cobra]

Like MSOX

[@steelhorses2004]

More wheeling next week. Cya

[@justnit]

Yea..options is too advanced and options trader believe in their own trades. Dont need to listen and track other traders

[@jessyhernandez9949]

Love it