The Wheel Strategy: How Covered Calls and Cash-Secured Puts Work Together

The wheel strategy explained: sell cash-secured puts, take assignment, then sell covered calls. A structured income loop with realistic returns and strict discipline.

Covered Calls vs Selling Puts: Which Income Strategy Is Right for You?

The Question I Get More Than Any Other: “Should I Sell Covered Calls or Sell Puts?” Every week, without fail, a new student asks me some version of this question. They’ve discovered options income, they understand both strategies generate premium, and they’re trying to figure out which one to commit to. Some options gurus will… Continue reading Covered Calls vs Selling Puts: Which Income Strategy Is Right for You?

5 Options Income Strategies That Actually Work for Conservative Investors

5 Options Income Strategies That Actually Work for Conservative Investors After 40+ years in the markets, I’ve tested every options income strategy you can name. Some work brilliantly. Others sound great on paper but fall apart the moment volatility spikes or a position moves against you. The question I get most often from my students… Continue reading 5 Options Income Strategies That Actually Work for Conservative Investors

Covered Call Assignment: What Happens When Your Shares Get Called Away (And Why It’s Usually a Good Thing)

“My Shares Got Called Away!” — Why Assignment Isn’t the Disaster You Think It’s the phone call every new covered call seller dreads. You check your brokerage account one morning and see: Assignment Notice — 100 shares sold at strike price. Your first reaction? Panic. “Did I lose money? What do I do now? Is… Continue reading Covered Call Assignment: What Happens When Your Shares Get Called Away (And Why It’s Usually a Good Thing)

Cash-Secured Puts Explained: How to Get Paid While Waiting to Buy Stocks You Want

Cash-secured puts generate income while you wait to buy stocks at a discount. Step-by-step examples, delta selection, risk management, and how puts fit.

The Wheel Strategy for Options Income: How to Combine Covered Calls and Cash-Secured Puts

Learn the complete wheel strategy for generating consistent options income. Mark Yegge walks through cash-secured puts and covered calls in a repeating cycle, with a full AMZN trade example showing how to earn premium at every phase.