Sasha Evdakov – Wheel Strategy Profits

Learn the step by step process of how to use the options wheel strategy to make a consistent weekly and monthly income from stocks you own!

What You’ll Learn In Wheel Strategy Profits

Intro to the Wheel Strategy Course

• Intro to the Course (08:35)
• Introduction to the Wheel Strategy (20:09)
• Why does the wheel strategy work? (12:52)
• Biggest Problem of the Wheel Strategy for most people(13:29)
• How to Make the Wheel Strategy work for You! (13:41)

Options Basics

• Bid/Ask Spread basics and working your order (21:48)
• ThinkorSwim Basics Before You Start Trading (53:47)
• Risk Profile Picture basics and how they work (20:12)
• Risk Profile Picture for an Option (12:52)
• Understanding the Greeks & their role in the wheel strategy (19:20)
• Diving deep into Delta (24:15)
• Understanding Theta & how to make money from time decay (20:50)

Buying & Acquiring Stock

• Overview to Starting the Wheel Strategy (30:43)
• Stock Criteria for the Wheel Strategy (26:29)
• How to Properly Enter Into Positions (29:42)
• Spreading capital and acquiring thousands of shares (17:55)

Selling the Covered Call

• Introduction to trading call options (27:01)
• Buying a Call Option – Risk Profile Picture (12:39)
• Executing a Trade: Buying a Call Option and Getting Out of It (17:33)
• Buying single Calls at different deltas (16:42)
• Basics to selling a call options (20:30)

Trade Examples: Covered Calls

• Introduction to Covered Calls (23:42)
• Buying 100 shares + Selling 1 Call – 7DTE – COST (42:13)
• Buying 200 shares + Selling 2 Calls – UBER (29:14)
• Buying 300 shares at different strikes + Selling 3 Calls – HD (46:20)
• Buy Stock + Selling Calls – 300 shares at different strikes & expirations – 21 DTE – TSLA (52:01)Buy Stock + Selling Calls – 300 shares at different strikes & expirations – 21 DTE – TSLA (52:01)
• Buying Stock + Selling 5 Calls – 200 shares (1 closer to ATM) – JPM (24:27)

Buying Puts

• Introduction to buying PUTS & selling PUT Contracts (26:37)
• Buying a Single Put for Protection – PYPL (27:06)
• Buying 3 PUTS for protection – AAPL (26:56)
• Buying 635 Shares & 7 PUTS at Different Strikes – SPY (31:56)

Selling Puts

• Intro to Selling PUT options (27:25)
• Selling 1 PUT: 10 Delta but not assigned – 6DTE – MCD (17:46)
• Selling 1 PUT: 20 Delta to get the stock – 7DTE – CVX (16:03)
• Selling 1 PUT: 30 DELTA to get the stock – 14DTE – TGT (19:16)
• Selling 2 PUTS at different strikes – CRM(20:30)
• Selling 2 PUTS at different strikes – 14DTE – LVS (24:32)
• Selling 2 PUTS at different expirations & strikes – 35DTE – CVS (27:34)
• Selling 3 PUTS at different strikes and expirations – QQQ (18:30)
• Selling 5 PUTS at different strikes and expirations – 46DTE – XLF (31:24)

Wheel Strategy Trade Examples: Putting it All Together

• Starting with 100 Shares & Repeating for multiple rounds – META (51:39)
• Starting with 200 shares (2 contracts but different strikes) – WMT (52:33)
• Starting with 200 shares (2 CALLS & 2 PUTS) – NFLX (51:47)
• Starting with 300 shares + Selling Calls – NVDA (48:56)
• Aiming for 500 shares (Starting with PUTS) – AAPL (72:24)
• Starting with 100 shares (Sell 4 PUTS & 1 CALL) – ETSY (75:47)
• Advanced Trade: Starting with Selling PUTS & a Mess of Positions – CITI (60:33)

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