The Wheel Strategy β Explained Simply in Yiddish
Jan 05, 2026One of the most popular ways to use options for long-term income is called The Wheel Strategy. It’s called a “wheel” because it repeats in a cycle:
- You sell a cash-secured put
- If the stock drops, you buy it
- Then you sell a covered call
If the stock is called away, you go back and sell another put — and the cycle repeats.
This strategy helps you generate income while buying stocks at a discount and selling them at a profit. But like anything in trading, it comes with risk. If the stock falls too much, you could be stuck holding it.
In this video lesson (in Yiddish), I explain the Wheel Strategy step-by-step — with real-life clarity — so you can see how it works and decide if it fits your approach.
Make sure to watch until the end, and leave a comment with your questions.
Your feedback helps me decide what to teach next!