Understanding the Bid-Ask Spread

Understanding the Bid/Ask spread is essential when using the Wheel Strategy trading options, because it directly affects how much premium you collect and how efficiently you enter and exit trades. What is the Bid/Ask Spread? The Bid is the highest price a buyer is willing to pay for an option. The Ask (or Offer) is … Read more

The 2 Main Types Of Options- Calls And Puts

So, what exactly are options in the finance world? Picture this: You want the right to buy or sell something at a set price within a certain timeframe—without any obligation to follow through. That’s an option for you. In simple terms, options are contracts that give you this kind of control in the stock market … Read more