Why You Should Consider Using Deep ITM LEAPS Calls to Replace Stocks
When it comes to making bullish bets on stocks, many traders and investors look for ways to maximize capital efficiency while minimizing risk.
What Is Wheel Strategy?
The Wheel Strategy is a method of trading options that involves consistently executing just two kinds of trades - a cash-secured put and a covered call.
The goal is to earn additional income via options premium from shares you are willing to own for the long-term.
In simple terms, it is like getting paid to set limit orders to buy or sell a stock or Exchange-Traded Funds (ETFs).
Why Wheel Strategy?
High Win Rate
The Wheel Strategy has a high win rate, which means it gives you a better chance of making profitable trades and getting more money from your investments.
Reduced Risk
Compared to trading using buy and sell method, the Wheel Strategy is a safer option as it lets you earn premiums and reduces the cost of stock ownership.
Low Time Commitment
The Wheel Strategy requires as little as 15 min a day, so users can stay invested in the market while having more time for other important things in life.
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