I QUIT The Wheel Strategy | Simple Option Trading

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Chapters
0:00 I Am Quitting The Options Wheel Strategy
0:41 What I Am Doing Instead
1:49 Step 1
2:23 Step 2
3:07 Analysis Of My Trade
5:15 What Is Possible?
6:12 Recap Of My Alternative Approach
6:35 Picking A Good Stock
7:25 Taxes And Capital Gains

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=== My Background ===
In March 2020, the activity in my consulting business dropped drastically due to the worldwide health concerns affecting the lives and businesses of everyone in every country. So, I had to find ways to generate an income while I work from home. Since I had many years of trading stocks as a part of my retirement savings, I decided to bring it up a level and make a concentrated effort to actively trade stocks and options in order to generate a regular income. This video captures one small step in my journey for financial independence.

Thanks for watching this video:
https://youtu.be/jt9XdX6k1bI

#simpleoptiontrading #wheelstrategy #optionswheelstrategy

=== DISCLAIMER ===
Everything that I share in all of my videos is for entertainment purposes only. Do NOT take ANYTHING I say or show as financial advice, I am not a financial advisor. I do NOT have any financial education, skills, or special knowledge. I am just a guy with a youtube channel that I use to share my simple options trading activity. I think that the stock market is too risky for anyone to enter since the majority of the people that try to invest in the stock market end up losing their money.