Wheel tactics, straight from the desk
Hands-on playbooks for premium sellers: expirations, position sizing, rolling and repair — with concrete numbers, not vibes. Free while we build out the library.
Cash-Secured Is Not Downside-Protected
A cash-secured put reserves the purchase cash, but that reserve does not cap the stock's downside. Start with assignment-ready math before treating premium as income.
Covered calls before ex-dividend day: assignment in plain English
A covered call can be assigned before expiry, and a nearby ex-dividend date can raise that risk. Here is a beginner-safe way to separate intrinsic value, time value and dividend timing before surprises reach the account.
July 6 afternoon close check for wheel risk
Nasdaq showed the U.S. equity market open on July 6, 2026, with the regular cash session ending at 4:00 p.m. ET, while the afternoon SPY/QQQ and ^VIX snapshots pointed in different directions. This tip turns that setup into a neutral carry-through-the-close checklist for covered calls and cash-secured puts.