Strategies to self direct your retirement portfolio
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
If you’re diving into the world of options trading, one of the most important concepts to understand is the option strike price. Whether you’re buying calls, selling puts, or building complex strategies, the strike price plays a central role in how an option works—and how much it can potentially earn or cost you. In this … Read more
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
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