The Wheel Strategy - Explained

The Wheel Strategy – Explained Simply in Yiddish

Jan 05, 2026

One 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:

  1. You sell a cash-secured put
  2. If the stock drops, you buy it
  3. 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!

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