How to Run the Options Wheel Strategy (Step-by-Step) 🔄

Stop just buying #stocks and call #options — let the market pay you while you wait. 📉🔄📈

If you want a systematic way to generate passive income while holding high-quality assets, you need to understand The Wheel Strategy. In this quick breakdown, we use the Barchart Options Screeners to walk through exactly how it works using Nvidia ( #NVDA ) as our core example.

The 2-Step Cycle:

The Naked Put: We look at the Naked Put Screener to sell a $210 put while Nvidia trades at $225, instantly pocketing $615 in premium. If the stock stays above $210, we keep the cash. If it drops, we are forced to buy 100 shares at a clean discount ($210 minus the premium we already kept).

The Covered Call: Once we own those 100 shares, we jump right into the Barchart Covered Call Screener. We look 30 to 45 days out and sell a $230 call, collecting an additional $1,120 in premium.

If the stock stays below $230, we rinse and repeat. If it hits $230, our shares are called away for a profit, and we start the entire wheel over again by selling puts.

This mechanical system is exactly how professional income traders leverage institutional-grade tools to reduce risk and maximize yield.

📊 Ready to scan for the best premium opportunities? Run your own Naked Put and Covered Call screens today here: https://www.barchart.com/options/learning-center

#OptionsTrading #TheWheelStrategy #NakedPuts #CoveredCalls #PassiveIncome #Investing101 #Nvidia #Screener #Barchart #Shorts

Видео How to Run the Options Wheel Strategy (Step-by-Step) 🔄 канала Barchart