Wheel Trading: Ultimate Steady Guide To Monthly Income (BEGINNERS)

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  • Опубликовано: 2 янв 2025

Комментарии • 153

  • @Dustyschneidr
    @Dustyschneidr 2 месяца назад +27

    I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.

    • @SethAlIen
      @SethAlIen 2 месяца назад +1

      You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.

    • @JilArmstrong
      @JilArmstrong 2 месяца назад +1

      That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.

    • @ShelbyThompson1
      @ShelbyThompson1 2 месяца назад +2

      I've heard a lot about her. Please how do I contact Louise O'Brien?

    • @LlauniGavin
      @LlauniGavin 2 месяца назад +1

      I'm happy to see Mrs Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.

    • @JoeyVasques
      @JoeyVasques 2 месяца назад +2

      I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much

  • @kakerns1979
    @kakerns1979 3 месяца назад +1

    Thank you for your thorough analysis. I’ve been unable to find an adequate channel to describe options trading

  • @_d0ser
    @_d0ser 4 месяца назад +6

    One thing I like to do is spend half the put premium on buying shares, then if assigned use the full call premium to buy shares. This will make sure if it runs up high you get at least a small amount, and the call adjust your basis more directly. Then once assigned you have some cash (half the put premium) and some "free" shares you can just hold forever.

    • @annekee5496
      @annekee5496 4 месяца назад +1

      Could you please elaborate with some examples?

  • @gabriellemetott1887
    @gabriellemetott1887 4 месяца назад +111

    From $10K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

    • @valenciadetraglia8590
      @valenciadetraglia8590 4 месяца назад

      Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises.

    • @MadelynBrooklyn-mn1nr
      @MadelynBrooklyn-mn1nr 4 месяца назад

      All We need is the right advice on how to invest in crypto we will be set for life

    • @chrislucas1183
      @chrislucas1183 4 месяца назад

      I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $100k across markets but don't know where to start.

    • @oliviaedgington1388
      @oliviaedgington1388 4 месяца назад +3

      I'm genuinely curious to know how you earn that much monthly

    • @oliviaedgington1388
      @oliviaedgington1388 4 месяца назад

      I have been struggling with stocks and forex since 2020 making loses everytime. I am strungling financially and am about to give up. Please please can someone reach for me and help me with trading please.I will appreciate it. Thankyou

  • @rohullahnissari9115
    @rohullahnissari9115 4 месяца назад +7

    Great videos Henry like always

    • @PBAT1
      @PBAT1 4 месяца назад

      You can get through him through the team

  • @shahtx
    @shahtx 2 месяца назад +1

    Good strong companies for wheel strategy - You are absolutely right. Great video. Enjoyed it very much. Thanks for teaching like this.

  • @uncommonsense5876
    @uncommonsense5876 3 месяца назад +2

    I Love trading the SPY etf. Was love at first sight. I hang my hat ON the SPY options chain 😁👍

  • @johnnygrillo2290
    @johnnygrillo2290 4 месяца назад +2

    Great video, well explained thank you

  • @henryh3496
    @henryh3496 4 месяца назад +3

    Just closed out today. Sold 5 calls at 27 a week ago after buying 500 shares at 24ish. I made about $3.80 a share. Not a bad ROI for a week (15%ish)

  • @corythelight2473
    @corythelight2473 3 месяца назад

    Another great video thank you Henry

  • @WH0738-k7k
    @WH0738-k7k 4 месяца назад +2

    Hi Henry, Thank you for sharing your experience and knowledge with us! I really love this video because u didnt just share how to sell options, but u also share in detail how to manage the options on every senario. May I ask if u can do an ultimate guide on spread options tradings, for example vertical or iron condor? Thank you!

  • @FF_gamer972
    @FF_gamer972 4 месяца назад

    Given recent crash there are two options. If you don't have usdt hold. Selling now is same as selling potentially life-changing lottery ticket. If you have USDT buy more. My top pick for buying are Versidium, Kaspa, Injective. I belive there is minimum 10X return on each of them.

  • @RamKumar-ks7zp
    @RamKumar-ks7zp 4 месяца назад

    In this bull run, I'm all in on meme and DeFi projects! My top picks are VRS(Versidium), Injective, Doge, and Pepe.

  • @joshjuday3777
    @joshjuday3777 4 месяца назад

    Good thorough video

  • @stellanews6190
    @stellanews6190 15 дней назад

    Hey @Henry 🎉🌟 can you give an example of how profits of wheel strategy on SPY compare with profits of investing directly to SPY?

  • @relapsedpanda1081
    @relapsedpanda1081 4 месяца назад +2

    This seems to work if you have a large portfolio already because most people wouldn’t have for instance 3k on hand to buy 100 shares of palantir if the contract is assigned

  • @TraceyBowles-s6e
    @TraceyBowles-s6e 4 месяца назад +68

    I have an Investment portfolio that's worth $1million, I don't think that'll be enough for retirement. I need an average risk investment strategy in stocks that'll give me more yield.

    • @JanetLarson-h8g
      @JanetLarson-h8g 4 месяца назад

      As they say, time IN the market is better than trying to time the market. I think you should seek advice from a licensed financial advisor. They’ll give you guide on high risk and low risk investment strategies for your portfolio.

    • @TylerWilliams-s4b
      @TylerWilliams-s4b 4 месяца назад

      Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed.

    • @AlisonVanwinkle
      @AlisonVanwinkle 4 месяца назад

      pls how can I reach this expert, I need someone to help me manage my portfolio.

    • @TylerWilliams-s4b
      @TylerWilliams-s4b 4 месяца назад

      Lina Dineikiene is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @AlisonVanwinkle
      @AlisonVanwinkle 4 месяца назад

      Her track record looks really good from what I found online. I just messaged her, let's see how it goes. Thanks for the info.

  • @walterdartanay
    @walterdartanay 4 месяца назад +1

    Hi Henry, what do you think about NIO investment?

  • @Laroux52
    @Laroux52 3 месяца назад

    @investingwithhenry really like how you explain all this options stuff.. even my science brain understands it 😂

  • @jesuspena1936
    @jesuspena1936 3 месяца назад

    Hi Henry, what do you think about selling options just for collecting premium. I don’t want to sell my shares and I don’t want to buy additional shares. Just using margins to sell options.

    • @facemakerable
      @facemakerable 2 месяца назад

      no brainy , u do run in assigned sometime , unless you dca sell more put like Henry mentioned

  • @tylerborg8000
    @tylerborg8000 4 месяца назад

    I'm really tempted to do the wheel on Palantir...but I'd have to put a lot more capital in to do it and it would be 50% of my account for 100 shares

  • @Shaniloka369
    @Shaniloka369 3 месяца назад

    What is a wheel strategy?

  • @dalemackie6613
    @dalemackie6613 3 месяца назад

    So, if I am correct you have to own shares in the stock before you can adopt the wheel strategy? So, not a strategy for absolute beginners?

  • @rnelnj44
    @rnelnj44 4 месяца назад +4

    I found dividend stocks not to be very good for wheel strategy simple because they don't have much volatility translating into little contract premium

  • @brsmulyan
    @brsmulyan 4 месяца назад

    thoughts on SERV?

  • @hosseinabdeahad1132
    @hosseinabdeahad1132 2 месяца назад

    If we assign to SPY put, do we really have to buy 100 of it before selling call? Or can we do sell call whiteout paying 60000$ ?

  • @shellylofgren
    @shellylofgren 3 месяца назад +2

    Before you start investing, it's crucial to understand the basics of investing, different asset classes (stocks, bonds, real estate, etc.), and the associated risks. are you investing for retirement, buying a home, or building an emergency fund? Your goals will help shape your investment strategy.

    • @ilyaveysman.
      @ilyaveysman. 3 месяца назад +2

      Don't put all your eggs in one basket. Diversification means spreading your investments across different asset classes (stocks, bonds, real estate) and within those classes (different companies or industries). This helps reduce risk.

    • @Walter_hill_
      @Walter_hill_ 3 месяца назад +1

      I Invest in low-cost index funds or ETFs that track broad market indices, such as the S&P 500. These funds offer diversification across a wide range of stocks and can be a more passive, low-maintenance investment option. They are suitable for investors who prefer a hands-off approach and want exposure to the overall market.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 3 месяца назад +1

      I try to consider a mix of bonds and fixed-income securities to provide stability to my portfolio but i need solid advise.

    • @Walter_hill_
      @Walter_hill_ 3 месяца назад

      Credits goes to " Vivian Jean Wilhelm " one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

    • @Walter_hill_
      @Walter_hill_ 3 месяца назад

      Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @jenniesen8310
    @jenniesen8310 4 месяца назад

    If the cover call submitted in 6mons do we still get the Dividends ?

  • @VirAlShortS9.9
    @VirAlShortS9.9 4 месяца назад

    where do i start at your videos to learn the most

  • @thefromcristian1173
    @thefromcristian1173 4 месяца назад +1

    Even if you get assigned selling puts, would you still get the premium?

    • @drewharris6621
      @drewharris6621 4 месяца назад +2

      Yes

    • @thefromcristian1173
      @thefromcristian1173 4 месяца назад

      @@drewharris6621 appreciate it dude that was one of my biggest questions, thx

    • @PaulAlan21
      @PaulAlan21 4 месяца назад +1

      Absolutely! Then sell a Cov. Call above, another 'Instant" premium. GL.

    • @thefromcristian1173
      @thefromcristian1173 4 месяца назад +1

      @@PaulAlan21 thx I really appreciate I was confused the other day so I did a spread and ended up losing 10k cuz of that 🤦🏻‍♂️

    • @PaulAlan21
      @PaulAlan21 4 месяца назад +1

      @thefromcristian1173 its just not you. I've been doing this for 2 decades, made and still making mistakes costing me that much too.

  • @Mateo-hr4to
    @Mateo-hr4to 4 месяца назад

    Henry what do you think of wheel strategy on KO and F (Ford)?

    • @zoraster3749
      @zoraster3749 4 месяца назад

      I’m wheeling ford; just be prepared for pain and layering in for a couple of years.

    • @Mateo-hr4to
      @Mateo-hr4to 4 месяца назад

      @@zoraster3749 Ford got a cheap share price so it's appealing to be able to wheel with $1,000. The only problem I see on Ford is that their EV section is losing money and they are not coming up with updates or much technology progress on the gas/hybrid counterparts either.. I'm also considering wheeling KO (coke) or even NIO

  • @darkroast66
    @darkroast66 4 месяца назад

    When you put on a wheel strategy on Palantir, how many contracts are you typically selling?

    • @Jojo-tq5pt
      @Jojo-tq5pt 4 месяца назад

      It does not matter what he does since you can’t afford the amount he buys always calculate your own % of how much you can put in in other words the less money you have the more of your accounts % you have to invest the more you have the less you have to risk in each trade so if you have 10k you might want to use 20% of your money if you have 100k you would only use about 2-5%

  • @Jonnyyarr
    @Jonnyyarr 4 месяца назад

    Versidium is paving its way through the presale phase, and I have a strong belief it's gearing up to be the next 500x gem.

  • @Shaniloka369
    @Shaniloka369 3 месяца назад

    I don't get it. I buy the naked Put Option all the time and I never know how to buy it at the lowest price. Is this a spread option?

  • @SF-vt3zr
    @SF-vt3zr 4 месяца назад +1

    premium being 1% of stock price would have me in the red most of the time tbh, isnt that a bit much?
    I sold a pltr put yday evening at strike 27 (delta 0.2) for $10, if i were to aim for 1% that would be $30 premium which woulda put me near delta 45-50...
    Ur other videos suggest going for delta 30 and below... which is it
    doing weekly options btw

    • @cachewilder4059
      @cachewilder4059 3 месяца назад

      Yeah to get a .2 delta usually won’t give you 1%. 1% returns weekly I’ve found are usually more risky than not. I try to aim for .5% return if you’re trying to not get assigned which would give about 2% per month which is still really good

  • @ANISH_746
    @ANISH_746 4 месяца назад

    Versidium is a game-changer. I'm predicting it will hit $10 shortly after launching!

    • @Mr.Rogers.
      @Mr.Rogers. 3 месяца назад

      How do I purchase it? What market?

  • @JuanTorres-wx3vn
    @JuanTorres-wx3vn 4 месяца назад +1

    Can you buy wba wheel..this stock is dead since i been dcaing wba

  • @facemakerable
    @facemakerable 2 месяца назад

    congrats 300K subs and more 1M subs 2025

  • @alexgggggg2552
    @alexgggggg2552 4 месяца назад

    I personally run wheel strategy but there are multiple problems with your plan, 1. it won't work for small accounts, because if you get assigned and price keeps going down, you need to DCA with extra short puts or 100 shares 2. you run it on RH with no additional input like theta, delta and vega, 3. you need to be mechanical,,,,should I keep going

    • @alexgggggg2552
      @alexgggggg2552 4 месяца назад

      You need at least 500K and Portfolio Margin

    • @MStar10
      @MStar10 4 месяца назад

      What % margin would you use for options if you use if u have a 500k acct

    • @alexgggggg2552
      @alexgggggg2552 4 месяца назад

      @@MStar10 Not sure what margin means here, I guess you have IBKR but on other platforms 15-20% of buying power

  • @nickzelner
    @nickzelner 19 дней назад

    I need coached . Whatever it takes

  • @Nguyen3-z1o
    @Nguyen3-z1o 4 месяца назад +44

    This is my favorite channel. Despite the dip in crypto. I still thank you for the level headed financial advice I started crypto investment with $7,500 and since following you for few weeks now, l've got 25k In my portfolio. Thank you so much mrs Elizabeth Slone

    • @Emilyegan-j9k
      @Emilyegan-j9k 4 месяца назад +1

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

    • @Martinez-j8i
      @Martinez-j8i 4 месяца назад

      The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

    • @BrysonMatthews-tc1bi
      @BrysonMatthews-tc1bi 4 месяца назад

      Isn't that the same Mrs Elizabeth Slone I'm new at this, please how can I reach her? that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

    • @PandeyRuben
      @PandeyRuben 4 месяца назад

      I'm new at this, please how can I reach her?

    • @dr-jamesthomas4716
      @dr-jamesthomas4716 4 месяца назад

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @nickynicky5265
    @nickynicky5265 4 месяца назад

    Hi Henry, sorry to bother you again, I have 3 Tesla sell calls option, my shares price down 10 % but my premium gang 21% , so I should close the contract to take the profit , please give me the advice, my first sell call option.

    • @chrisaki1953
      @chrisaki1953 4 месяца назад

      I wouldn’t worry about the stock price dropping as long as your premium is gaining. I tend to get out the contract a little after up 50% and jump into another. But that’s just me 👍

    • @nickynicky5265
      @nickynicky5265 4 месяца назад

      @@chrisaki1953 Thanks👍👍👍👍

  • @ThaiTraderUSStocks
    @ThaiTraderUSStocks 4 месяца назад

    can you show us how to do this on webull plz

  • @gatomeawscle4242
    @gatomeawscle4242 4 месяца назад +7

    No answers, no likes 😢.

  • @margold1638
    @margold1638 4 месяца назад +2

    If you sold cc on a stock at 90 and stocks are going up to 90 and you think you will lose your stock why not just buy stocks at 89 few days before, let your options get exercised at 90 and keep on wheeling. No need to roll and lose your premium and if you buy stock at 89, your stock will be called away at 90 but by then stocks will go up to 96 you are still in the plus. that's what I do usually, we all have margin accounts if we trade options so it's no big deal. There are other options than rolling or losing money.

    • @Mateo-hr4to
      @Mateo-hr4to 4 месяца назад

      yes you could do that, but that also means increased risk because of the higher stock stake.. So let's say you purchase more shares, then the stock plummets before expiration. Now you don't get assigned, you collected the premium, but you also lost equity since you own the stock..

    • @margold1638
      @margold1638 4 месяца назад +1

      @@Mateo-hr4to if it's a good quality stock it'll come back fast. trading is a risk anyway you are looking at it.

  • @Shanwaz-ys3ky
    @Shanwaz-ys3ky 4 месяца назад

    Versidium bridges the gap between traditional finance and the crypto world with its versatile Visa card.

  • @juanitareyes4092
    @juanitareyes4092 4 месяца назад +2

    Here First

  • @balramyadav4664
    @balramyadav4664 4 месяца назад

    With Versidium, the power of crypto payments and investments is at your fingertips.

  • @Vishalvishal-ox8pn
    @Vishalvishal-ox8pn 4 месяца назад

    As the bull run continues its course, keep an eye on Versidium; it could very well be the next big thing in the crypto space.

  • @Ayan555-tf8id
    @Ayan555-tf8id 4 месяца назад

    Discover the limitless possibilities within the Versidium ecosystem and unlock new opportunities for growth.

  • @_d0ser
    @_d0ser 4 месяца назад

    I would also disagree with concentration, at least for people still in the "growth" phase of their portfolio. Being right big is how wealth is created, you did the same with TSLA, did you not? Then diversify with the profits from the big wins. Small wins do add up, but don't discount concentration. Concentration just needs good risk management.

  • @JayFiCPA
    @JayFiCPA 4 месяца назад +1

    2nd

  • @bbqman76
    @bbqman76 4 месяца назад

    hope is not a strategy

  • @hartmjo1
    @hartmjo1 4 месяца назад +1

    Too bad you only like to deal with large accounts I’m a small $10,000 potato account

    • @Mr.Rogers.
      @Mr.Rogers. 3 месяца назад

      Same. Just starting out with my measly $10k

    • @TrussttN01
      @TrussttN01 3 месяца назад

      Try selling weekly puts against Verizon, Cisco, PLTR , ie cheaper stocks to start growing your account