In-depth guides to the options strategies I trade every day. Learn the mechanics, see real results, and understand when to use each approach.
Each guide covers everything from basics to advanced techniques, with links to related blog posts and my actual trading results.
Generate consistent income by selling bull put spreads on SPY. High probability trades with defined risk and time decay working in your favor.
Combine cash-secured puts and covered calls in a systematic cycle. Get paid to wait for stocks you want to own, then collect more premium while holding.
| Factor | Put Credit Spreads | Wheel Strategy |
|---|---|---|
| Capital Required | Lower (margin only) | Higher (full cash) |
| Risk Profile | Defined & limited | Stock ownership risk |
| Best For | Pure income traders | Stock investors |
| Market Outlook | Bullish to neutral | Bullish to sideways |
I trade both strategies. Each has its place in a well-rounded options portfolio.
I share every trade I make—the wins and the losses. Full transparency so you can see exactly how these strategies perform.
The Options Cafe course includes detailed video lessons, real-time trade alerts, and direct access to ask questions. Learn these strategies step-by-step with hands-on guidance.
Explore the Course