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The Options Wheel vs. Dividends: The Best Passive Strategy
Paperback
Publisher: Independently Published
Published: Jun 7 2024
Pages: 66
Weight: 0.30
Height: 0.17 Width: 6.00 Depth: 9.00
Language: English
I love being an income investor because I let professional investors do all the heavy lifting. I simply purchase their closed-end funds and earn lovely yields on my money.
However, when I want more control of my money, I use the options wheel strategy. The options wheel consists of selling cash-secured puts and then covered calls.
If you can control your fear and greed, you can earn over 30% annual returns using the options wheel strategy.
The best strategy is to leverage both techniques for your portfolio. Personally, I like to allocate 85-90% to dividends and about 10% to the wheel. Your portfolio is up to you. Good Luck!
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