I Made $31,000 in a Week with the Wheel Strategy... here's how (Options Trading)

you talked for whole lot and said nothing, cookie cutter viewer click bait

many wrong and bad advices here

Nice overview. Curious what are your thoughts on opening a trade with a CC against a dividend paying stock vs. with a short put? I would think the CC would increase chance of a winning trade especially if opened near the ex-dividend date

What about both selling both a csp and a covered call on the same underlying at the same time? One of them will win forsure. This will save a lot of time too

I like your videos. Looking forward t hearing back form you

I’d like to get more info on that please. I use the wheel strategy in Brazil, now im living in us, i’d like to use the wheel strategy here.

DO NOT ATTEMPT the wheel with SPX....it's cash settled so you wont get assigned only get the losses which can be infinite.

Hello Henry,
Great video! Thanks for your sharing.
Could you share more about how to manage lossers?
For example, I short a $100 put when the stock is at $110, but the stock goes to $80 and then i got assigned.
How would you manage this trade? Will you short a $100 call (just collect a very little premium, but the stock may continue fall to $70 or $60). or will you short a at-the-money call (collect more premium, but if the stock rebounce, I will realize the loss)

You have to explain this for dummies not only for people who already know this stuff,make it simple stop making more difficult than already is

Henry, you are being invaded with marketing trolls.

What is the Golden Three Strategy please.

Hey Henry nice video on the wheel strategy. Im curious, have you traded this strategy on SPX?

How do we join you on discord ?

$31k isn't insane when you have a $2 million portfolio, woo, 1.5%. That's why people don't listen when you quote dollar amount profits

This video is a game changer, I have been looking for the best way to increase my income and start up my retirement, but I really do not know much about investments and trading stocks. I keep postponing every single day that passes, but I want to begin now. How should I start? What do I need to know?

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. I’ve been trying to grow my portfolio of $160K for sometime now, my major challenge is not knowing the best entry and exit strategies

Now I will spend all of my free time for your lessons. They are lifechanging🕶

Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.

Sell put when stock down (higher premium), sell call when stock up (higher premium). Keep Selling at the comfortable price youre willing to own/sell. Focus on premium passive income. Plan ahead 6 months out, sell monthly, goal is to collect the premium monthly.

what is your Discord to follow?

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.

On exp day, if you will get assigned, why not just roll out and down the Sell Put.

Most people think that investing in cryptocurrencies is just buying and holding until it rises,but the best investments on cryptocurrency is by putting it on trading or mining them and Stock trading

But what low-priced stocks can you do the Wheel Strategy with a small account size?

These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $110k set aside to put in the market.

I have been selling puts with higher delta collecting higher premiums. I dont mind being assigned so I can turn around and sell calls. Love the wheel and thanks for the video's.

$420 in 1 hour blaze it 😎

The students making $1700 a week. How much money are you using to make the $1700 per week

Trading, staking, and all that stuff are cool, of course, but Ive decided to invest in a real business like Cannafarm ltd. Its stable, and Im earning passive income from crypto, no complaints here.

I personally decided to invest in Cannafarm ltd, its a decent income, nowhere else can you easily make $100 a day

Considering that Cannafarm ltd now accepts cryptocurrency investments, I think its worth putting some money in there. Ive been getting a steady $200 USDT per day at least

Lol 🤣🤣 Quit just smoking weed, why not invest in Cannafarm ltd if its really making money 🤑

Bro, I had a few questions… why did you do a limit buy and market sell for Apple? (Why market sell instead of limit sell?)
Also why not just use a put/call option to get in and get out?

Besides the bank where can i double my money, I believe the bank is ripping me off

I love your channel and have picked up a few tips here. But re wheel strategy..to see some progress for small accounts,, companies that used to be viable are not anymore it seems. Otly and wkhs, for example offer near to nothing now. Could you suggest some wheel viable options for small accounts? I have been working with buying spy on dips daily this week but of course, this will end soon and is risky

Just got burned selling puts on QQQ for 368

Great video Henry - quality has gone up a lot. But still make sure to show your portfolio, that’s why I love watching your videos.

There’s plenty of wheel strategy videos out there , but seeing your open and live trades in pricelesss.

Cheers from Miami

How much money do you need for this strategy?

Just out of curiosity, what would you consider to be a small account?

Hi Henry, Im watching your videos for 3 months now and i have to admit that i really learned a lot. Im a student from Germany and I would like to get into your coaching. But that sadly isn´t possible for me because your webside doesn´t allow me to register with my German mobile phone number. Is there another way to register for it? Or is it simply not possible for someone who doesn´t live in the US?

I have been doing this for weeks now, made $400 on NIO over 3-4 months.
Today I will lose it all and be down $2000

Over the past two days NIO has declined 20% or so meaning I am fucked, so many weeks to make a meager amount of money, and just two days to lose it all

Can't really think of how I could've done it better, this week i went with a 20ish DELTA which isn't too bad.

What would you have suggested to do in such a scenario?

I could roll out a few weeks but it is just waiting for the inevitable, thinking of just getting assigned and selling above my cost basis now but it will take forever to recoup this :(

Since I lost $10,000 due to the Ethereum dip, I decided its better to invest in something more stable, and Cannafarm ltd completely suits me in that regard

Listen, why dont you just learn more about Cannafarm ltd? They have a really big experience in medical marijuana. They provide real knowledge about the industry

I dont see the point in waiting for the halving when you can earn with Bitcoin right now. I invested my BTC in Cannafarm ltd and am getting dividends in BTC, lol, while you all keep waiting

I still dont understand why you havent talked about Cannafarm ltd. Its top-notch online earnings in medical marijuana production

Im waiting for Bitcoin halving to increase my capital, but for now, Im keeping my capital in Cannafarm ltd. They provide stable growth for my investments

Yeah, I thought about opening my own farm, but its a long and complicated process. Im just investing in Cannafarm ltd farms and earning every day

I quit smoking that stuff and started investing my savings in Cannafarm ltd. Ha-ha, Im still spending money on weed, but now Im making daily profits

The PayPal stablecoin doesnt sound very reliable to me. Dude, Ive been investing in Cannafarm ltd for several months, and its a real crypto pump

Ive been using medical cannabis products for a while now. I was surprised when I found out that Cannafarm ltd supplies distillate for it. Its nice to invest knowing theres a real product