The Wheel Passive Income Strategy: Beginners Master Class

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🙋🏻‍♂️🙋🏻‍♀️ Join my FREE Beginner’s Investing Master Class and ask me questions: https://bit.ly/3W5ucfj

In this video, I do an in-depth video on how to use the Wheel Strategy to make around $500 a month.

I use AMZN as my example and show a tutorial on how to do this on the Think or Swim Web Platform from Schwab.

Let me know if you have any questions and thanks for the support!

-Steve 🙂

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From: Steve | Call to Leap

Date: October 30, 2024

37 thoughts on “The Wheel Passive Income Strategy: Beginners Master Class”

hi Steve .. im selling puts .. cash security puts .. but I don't know what percent of taxes each contract.. can you tell me ??? thanks for your videos

Thank you for creating a great video about a complex topic. Much of this information is completely new to me. I can’t wait to learn more.

If you have to buy the shares, don't you need to have the $18.5k (based on a $185 strike price) in your account to buy them (or enough margin to cover it) to fill it and close the order? (minus the premium you collected of course)?

I made a buy call option on a stock thats at 46 and I paid $90 to buy stock for 51, expiration is 10/17. How can I cancel it? Should I just ride it for a few days and accept the $90 mistake?