Premium Only Content
			Trade Log Version 3.1 - Cost Basis Update - Free Option Tracker!
Download this free option tracker for all your 2022 trades! A few changes were made to the cost basis columns in this recent version.
LINKS
Subscribe: https://bit.ly/T5TSubscribe
Twitter (@trading5talents): https://twitter.com/trading5talents
Patreon: https://www.patreon.com/trading5talents
Trade 5 App: https://bit.ly/Trade5App
#########################
WHAT IS THE WHEEL STRATEGY?
The Wheel Options Trading Strategy is an options selling strategy that can generate consistent, monthly income. Also known as the Triple Income Strategy, passive income is generated from:
1. Selling Cash Secured Put Options
2. Selling Covered Call Options
3. Capital Gains on Stocks Sold
The Wheel Strategy is a relatively easy options trading strategy and is considered one of the safest strategies. While not completely risk-free, it benefits from theta decay which works against many other options trading strategies. To learn more, check out the videos below.
OPTIONS BASICS!
Options 101: What Are Options? - https://youtu.be/kxqQfx7fWqw
Options 101: Options Greeks - https://youtu.be/W0dHt4h0zY4
Options 101: In the Money or Out of the Money? - https://youtu.be/aXGSHniI9ow
NEW TO THE WHEEL STRATEGY?
Wheel Strategy Overview - https://youtu.be/GDZV2l0YtP8
Selling Cash Secured Puts - https://youtu.be/QfBqUCIN5aQ
Selling Covered Calls - https://youtu.be/yFvmzjirFMY
Link to OptionSellerROI Screener - https://optionsellerroi.com/
LIFESTYLE TRADING
Lifestyle Trading Overview - https://youtu.be/7DEw2lSRUXY
FREE TRADE LOG FOR THE WHEEL STRATEGY
Video Tutorial - https://youtu.be/Wxu6ySHqqW4
Download Link (Google Sheets) - https://bit.ly/T5TTradeLog
* Click on "File" then "Make a copy"
FREE COST BASIS CALCULATOR
Video Tutorial - https://youtu.be/fOgM-I8mPEU
Cost Basis Calculator Download Link (Google Sheets) - https://bit.ly/T5TCostBasisCalculator
* Click on "File" then "Make a copy"
GET FREE STOCKS!
Join Robinhood (Affiliate Link - We both get a free stock) - https://join.robinhood.com/santial2
DISCLAIMER
I am not a financial advisor and this is not financial advice. This content is only for educational and entertainment purposes only. Any trades you see here are either past trades I’ve made or an example trade. Please don’t follow any trades you may find in these videos.
#OptionsTrading #TradeLog #TheWheelStrategy #SellingOptions #MakingMoney #LifestyleTrading #PassiveIncome
- 	
				
							0:56
								Trading 5 Talents
2 years agoOctober 18, 2023 Trade Review - Options Alpha Trading Bot
26 - 	
				
							10:54
								Nate The Lawyer
10 days ago $21.03 earnedNEW Charges & Lawsuit For Fake Doctor Illegal Who Ran Schools For Decades
60.1K56 - 	
				
							LIVE
								VINCE
2 hours agoThe Proof Is In The Emails | Episode 161 - 11/04/25
28,144 watching - 	
				
							1:34:34
								Graham Allen
2 hours agoThe MAGA “Civil War” Will LOSE The Midterms! Is A Fracture Coming? ALL Eyes On Key Races!
69.6K34 - 	
				
							LIVE
								Badlands Media
9 hours agoBadlands Daily: November 4, 2025
3,275 watching - 	
				
							LIVE
								Wendy Bell Radio
5 hours agoBUSTED.
7,788 watching - 	
				
							20:28
								Real Estate
1 month agoMILLIONS of Homeowners ARE LOSING MONEY NOW...
1172 - 	
				
							22:35
								Jasmin Laine
19 hours ago"They're Rude and Dismissive"—Poilievre Gets CBC To CONFESS On Camera
5.37K29 - 	
				
							12:26
								Adam Does Movies
23 hours agoIT: Welcome To Derry Episode 2 - Review + Recap
3.69K1 - 	
				
							LIVE
								The Mike Schwartz Show
13 hours agoTHE MIKE SCHWARTZ SHOW with DR. MICHAEL J SCHWARTZ 10-04-2025
3,682 watching