Here's the SECRET Weapon to Make Money FAST by Selling Options!

Learn More About Rebel Income

Most people think about income generation in monthly terms. If you're familiar with selling options, it's tempting to sell more time so you can bring in bigger premiums on each trade. That's because most traders haven't discovered the secret to the best way to accelerate their income generation. I'm going to share that secret with you!

[DP]

Watching this video yet again...love it...and more thoughts...sorry if I'm over-bearing but I think these are important discussions...

What if I "don't care" (I'm being slightly sarcastic but hear me out) about my NAV - what if I'm mostly/only focused on income and simply sell ATM and collect the largest premium(s) possible and just go from selling calls to puts, over and over, ATM? What happens to my NAV over time? If I can make ~12% per year from my base portfolio amount, I would cover all of my expenses, and I could live comfortably off of the returns. I would of course only buy highly quality stocks or ETFs like QQQM, VOO, MSFT, AAPL, HD, SCHD, XLV, etc...


Has anyone back tested or analyzed something like this? Is this a "yield trap" meaning that over time my NAV erodes?

Thanks again for everything!

[ronfriedman-ye]

Great video. I trade the wheel option strategy and love it. Please share more strategies.

[tomsettles]

I have a question about ongoing purchases of stocks when they get called away: For example lets say you buy VOO at $100 today and the price rises to $108 and it gets called away at a $102 strike price. You make $2 per share and the option premium of approx. $200. But if you want to buy VOO again and start the process over, VOO now costs $108 !! You will actually lose money buying at $108 because you only made $2 per share and $200 in option premium. You would lose approx. $400 in this scenario. What am I missing?

[DP]

Can you share your cost basis analysis? For instance, if you are assigned at a loss, how that may, depending on the magnitude, reduce your returns…

That being said, amazing video…simple, clear and great to watch! Keep up the amazing work - you make a huge difference for the community!

[KG-whyv]

Hi Thomas, I looked at your spreadsheet track record. What am I missing ?
I calculated only a 27 percent return from Feb/2018 to Feb/2024.
$223, 578 to $283, 387. That's a 4 percent a year CAGR.
Why do all that when you can make 6 percent a year guaranteed risk free with Monthly collar trades on high volatility equity's ?

[Matt-pxnm]

I have never sold cash secured PUTS but I'm convinced covered CALLS are better. CSP's limit your upside but not your downside. Usually a majority of the 'big moves' in the market happen in a relatively short time so you would miss that move with CSP's. On paper I do very well with CC's. I sell weekly CALLS in ETFS. In reality im not sure CSP's or CC's outperform dollar cost averaging or buying the dips on quality. Using TAN as an example if the CALL falls below to .25 cents I roll forward $2 OTM. If TAN price reaches my strike I roll forward $2 OTM. Its important to activly manage ofcourse. What is your opnion of CSP's vs CC's or even the wheel strategy as a whole? Appreciate your videos. thanks

[figdish]

.you make great videos!
as a dummy that works with his hands i appreciate them all, and not to push my luck, any chance for some birds eye views of how you use all that company/stock data? im totally buying stocks based on YT vids completely hoping the makers can read all those numbers.