The Wheel Wednesday Story

Toby Mathis, partner at Anderson Advisors, has a non-profit, American Financial Stewardship.  He wanted me to help show people how to sell covered calls and cash secured puts on dividend paying stocks and exchange traded funds.  So he deposited $100,000 in October of 2020, and we have been doing trades weekly ever since.  If you want to learn more about his non-profit, reach out to him.

This day we focus on "Level 1", which contains covered options strategies.  This is typically going to be covered calls and cash secured puts.  However, it can also include discussions of simple hedging strategies such as buying a long put or using a collar strategy.