To The Moon

The wheel strategy is a popular options trading strategy that involves selling cash-secured puts and, if assigned, selling covered calls. It's a strategy often used by investors seeking to generate income from their stock holdings. Step 1: Selling a put option The first step in the wheel strategy is to sell a put option on a stock you wouldn't mind owning at a lower price. By doing so, you receive a premium from the option buyer. If the stock price remains above the strike price by the expiration date, you keep the premium as profit, and you're free to repeat the process. Step 2: Starting the wheel - own the stocks If the stock price falls below the strike price, you may be assigned to buy the stock at that price. This is where the strategy gets its name, as you're said to be "wheeled" int

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Understanding Different Types of ETFs and How to Start Building Your Investment PortfolioIn the world of financial investments, Exchange-Traded Funds have gained increasing attention as a popular investment tool. For beginners, understanding and investing in ETFs serve as an excellent entry point into the investment world. This article will introduce the basic concepts of ETFs, their advantages, how to select and purchase ETFs, and help beginners establish a foundational knowledge of ETFs.What