options trading for income

The Ultimate Guide to Generating Income With Options

If you want to start trading options, I created the ultimate guide to generating income with options in this post. You can also learn about technical analysis for options trading to improve your trade timing. Options Trading Terminology Before you learn how options work, you must know all the basic options trading terminology. If you…

pmcc

What is a Poor Man’s Covered Call?

The poor man’s covered call strategy (PMCC) is a fantastic method if you want to trade options for income with minimal capital requirements. The PMCC strategy is a bullish trade; therefore, you should use this strategy when you believe an underlying stock will increase in price. Selling Covered Calls The traditional covered call strategy involves…

wheeloptionsstrategy

The Wheel Strategy Explained | 3 Things You Must Know

The wheel strategy, also known as the triple income strategy, is a consistent way to generate income on the stock market. The wheel combines trading options with stocks to outperform the classic buy-and-hold investing strategy. What is the Wheel Strategy The wheel options strategy is a method that combines the cash-secured put and the covered…

breakevenoptionspoint

What is the Break Even Point in Options: Break Even Point Formula

This basic concept can improve your knowledge as an options trader. What is the break even point of an option? When you buy an options contract, you are purchasing the right to buy or sell 100 shares of stock at a specific strike price. As an options trader, you have the benefit of leverage. When…

tastytrade review cherry

tastytrade Review: The tastytrade Options Strategy

tastylive is excellent for beginners to learn, but their strategies may not always be great in practice. tastytrade review tastylive produces a lot of content, and their general recommendations about trading options are relatively straightforward. The best thing about tastylive is that their data is based on backtests and qualitative data. Additionally, the tastytrade platform…

dice

How You Can Create a High Expectancy Trading System

Create a trading system with positive expected value. What is Expected Value? The expected value of your trade plan is how much you will profit or lose based on statistics. The expected value is calculated by multiplying the probability of being right times the reward and subtracting this from the probability of being wrong times…

cashsecuredputoptionsstrategy

What is a Cash-Secured Put? | Cash-Secured Put Strategy

Cash-secured puts are one of the best ways to learn about options trading. What is a Cash-Secured Put? A cash-secured put involves selling a put option and holding cash equivalent to the option’s strike price. If the stock’s price falls below the strike price, the investor is obligated to buy the stock, hence the need…