STOCK OPTIONS

---

Wheel in the sky
Using the money made on stock options  

1. Pick a Stock

You want to have enough money to buy 100 shares of a stock so if the stock is 6.00 then you would need to have 600.00 plus to buy.. but its actually a hold if everything falls right. Easy wheels are blue chips these are companies that have been around for years and offers dividends and that are ression, pandemic, and depression proof as possible
FORD (F) Walmart (WMT)

2. Sell a Cash Covered Put Selling a Put = We write a contract that someone else buys. When they buy the contract, we agree to buy 100 shares of a stock in return for the contract.
The pre-purchase of 100 shares heres were you make your money
You choose your sales price and the date it expires for less than what you purchased for
The person who bought our put paid us a premium of $0 - any amount because our contract is for 100 shares. If the contract expires worthless, then we can keep the premium as pure profit. Then we can make this money forever, by repeating these steps of selling a contract, expiring worthless, keeping premium, and selling another one. If we want to make the most money, we have to find a good balance between premium and strike price It is up to you at a risk to choose when you want to increase your premium or lower your strike price. A lower strike price will result in lower risk, but lower premium. A higher strike price will result in higher risk, but higher premium.
profits.  

3.  You can't win them all you are forced to buy 100 shares of that stock.

You are stuck with 100 shares of a stock, what to do next?

This is where finding the right stock pays off. If you are bullish on the stock, so holding it until it goes back up to your purchase price and sell at limit to make your money back or you turn the option wheel, and you capitalize on your 100 shares.

Break Down
what a covered call is:

Covered = You have 100 shares of the company.
Selling a Call = We write a contract that someone else buys. When they buy the contract, we agree to sell 100 shares of a stock that we own, in the case that the stock goes up
Its the reverse of the process we did earlier
You can keep pocketing this premium every time and build. Congratulations !!!

The Wheel in the Sky keeps turning