Wealthy Affiliate Review 2025

IRA-Friendly Side Hustles: Can Wealthy Affiliate Fit a Conservative Retirement Strategy? Introduction: Exploring New Avenues for Retirement Income In today’s financial landscape, many retirees and older investors are seeking ways to supplement their income without exposing themselves to high risks. While traditional investment vehicles like bonds and dividend-paying stocks remain staples, there’s a growing interest … Read more

Recommended Reading

Build Your Knowledge Base with the Best Books on Options Trading The right trading setup starts with the right mindset—and that begins with the books you read. Whether you’re brand new to stock options or a seasoned investor looking to fine-tune your strategy, the right book can sharpen your edge, clarify your approach, and even … Read more

Build Your Ideal Home Trading Office

Whether you’re trading covered calls, cash-secured puts, or running the Wheel Strategy from your self-directed IRA, having the right tools makes a big difference. A slow setup or uncomfortable workspace can cost you more than money—it can cost you confidence, clarity, and execution speed. That’s why we’ve put together this carefully selected list of the … Read more

Build Your Ideal Home Trading Setup

Equip Your Trading Desk Like a Pro Whether you’re trading covered calls, cash-secured puts, or running the Wheel Strategy from your self-directed IRA, having the right tools makes a big difference. A slow setup or uncomfortable workspace can cost you more than money—it can cost you confidence, clarity, and execution speed. That’s why we’ve put … Read more

Top Books for Options Traders

The Wheel Option Strategy Learn the ins and outs of generating passive income by selling puts and covered calls using the Wheel Strategy. ⭐⭐⭐⭐⭐ (4.7/5) View on Amazon Mastering Puts and Calls A Beginner Course on Cash-Secured Puts and Covered Calls ⭐⭐⭐⭐ (4.5/5) View on Amazon The Bible of Options Strategies Detailed, strategy-by-strategy breakdowns with … Read more

Understanding Call Options: A Beginner’s Guide

Call options open up a whole new world for both beginner and experienced investors. These contracts can be truly useful in any portfolio, especially when you want to manage risk, pick up some extra cash, or experiment with fresh investing tactics. In this guide, I’m breaking down everything you should know about call options—from the … Read more

Understanding At-the-Money (ATM), In-the-Money (ITM), and Out-of-the-Money (OTM) Strike Prices

If you’re retired and managing your own IRA or 401(k) through a self-directed retirement account, you may be looking for ways to protect your capital, generate income, or grow your savings more effectively. Stock options can help you achieve these goals, but understanding the basics is essential. This guide explains three fundamental concepts that every … Read more

Understanding An Options Chain

Understanding an Options Chain – it’s essentially a list showcasing all available options contracts for a given stock. Think of it as the menu at your favorite restaurant, where each option offers different ‘flavors’ and terms you might choose from. Before you get into the nuts and bolts, understanding the key parts of an options … Read more

Understanding the Greeks – Delta, Gamma, and Theta

The Greeks play a vital role in options trading and understanding them helps fine-tune the Wheel Strategy for consistent income and risk control. This guide focuses on the three most relevant Greeks for the Wheel Strategy: Delta, Gamma, and Theta. Delta – Directional Risk & Probability of Assignment Delta represents the approximate probability that the … Read more