This week we’re covering the art of managing a wheel strategy , the sneaky nature of Theta , and the importance of keeping your long-term...

This week, we dive into one of the most popular strategies in options trading—Covered Calls. But this isn't a one-size-fits-all strategy.

If I’m 80%+ profitable on a trade and there’s more than a week to go before expiry, I close it. Done. Profits banked. 💰

You sell a put for about 30 delta for two week or more expiry and if assigned, open a covered call for a 30 delta for a month expiry.

Here's the golden rule to follow: 🛑 Red Days = Sell Puts and Buy Calls ✅ Green Days = Buy back sold Puts, Sell Calls, and Sell to close b