Wheel Option Strategy for Beginners in 10m | $2670 in 2 Weeks Robinhood Example

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The Wheel Strategy is a popular options trading approach that can help traders earn consistent profits. In this video, I'll cover the basic concept of the Wheel Strategy, provide a step-by-step Robinhood example on how to implement it in your trading, and discuss when the wheels breaks and downside scenarios
You'll learn how to set up your trades and manage your positions to maximize your profits and minimize your risks. Real-life examples and case studies will be used to illustrate how the Wheel Strategy works in practice, and tips and tricks will be provided to help you improve your trading performance and avoid common mistakes. Whether you're an experienced options trader or just starting out, this video will provide you with valuable insights and practical tips to help you succeed in the markets.
*If the description sounds too formal, blame ChatGPT haha.
Related links & videos mentioned:
► Buy call 101 • Buying Call Options Ba...
► Buy put 101 • Buying Put Options Bas...
► Sell call 101 • Selling Call Options B...
► Sell put 101 • Selling Put Options Ba...
0:00 Intro
1:14 Pre-req for the wheel strategy
2:57 1. How does the wheel strategy work? Robinhood example
6:21 Full wheel cycle and notes
6:57 2. The wheel breaks & downside scenarios
11:40 More to cover on the wheel strategy
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No merch.
No courses.
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Just a practical guide.
#WheelStrategy #OptionTrading #SellPut #SellCall

[@Franco-hw7ek]

Good information

[@Justeen15]

Thank you Franco! Let me know if you have any other questions!

[@Franco-hw7ek]

I actually do. I’m looking for someone who would be interested in taking calls from me to answer periodic questions ti help me in improving my learning of option trading.