The Wheel Strategy Explained Step 1 - Selling Cash Secured Puts

The Wheel Strategy Explained Step 1 - Selling Cash Secured Puts l. The Wheel Strategy is an options trading strategy we talk about often on Livestreams and I thought it was time to get out an introductory video on What Is The Wheel Strategy. This video covers choosing a stock to trade with The Wheel Strategy, an overview of selling Cash-Secured Puts, as well as the benefits and risks to be aware of for this options trading strategy. There will be more content on this topic coming here on the channel including some videos explaining The Wheel more in depth and Weekly Wheel chats where discuss wins of the week, so check out the Wheel Strategy playlist here on the channel and don’t forget to Subscribe and turn Alerts on if you are new here #TonyDenaro #TheWheel #optionsstrategies

Tony's other Wheel Strategy Videos:
1) The Wheel Strategy Explained - Overview For Beginners: https://youtu.be/Z_RwcjjFl1g
2) The Wheel Strategy Explained - Simulated Trading Practice: https://youtu.be/sS_8cDP0_9w
3) The Wheel Strategy Explained Step 2 - Selling Covered Calls: https://youtu.be/M4RqPZrXG7U

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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.