What Is A Wheel Strategy – FAQ

The Wheel Strategy is a systematic, repeating approach to writing PUT and CALL options in a repeating process where you maximize your premiums(and sometimes capital gains) returns.

  • Sell A PUT Option And Collect Premium.
  • Repeat Selling PUT Options Till Assigned Stocks.
  • Sell A CALL Option And Collect Premium.
  • Repeat Selling CALL Options Till Having Stocks Called Away.
  • Loop Back To First Step.
Simple Wheel Strategy Steps Infomatic
Tom, Growing His Passive Income Generators.
Myself with an interesting Bull Sculpture.
Notice: No Lambo’s. :/
Hi I’m Tom, A Blogger And A PIG Farmer.

PIG Farmer as in I grow Passive Income Generators(PIG’s).

I’ve been playing with stocks, mutual funds, and options for decades, as well as always working on my side hustle stacks.

Unlike what you read online, I’ve yet to find a way to get rich quickly. Get Rich Quick isn’t happening for me.

My journey has been long and continues. I hope to have so many PIGs I can stop working at my current job and volunteer as a medical worker overseas. 

Still waiting, but getting there. I still am a family man, and while on this Journey of Growing PIGs.  

I wanted to share my adventures(ups and downs), hoping you will contribute with your feedback and comments.

Fun Fact: In my spare time, I am a Band-Dad!

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