How To Roll Losing Covered Calls & Cash Secured Puts (Wheel Strategy)
Brad Finn Brad Finn
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 Published On Dec 3, 2023

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📚Wheel Ebook/Paperback: https://amzn.to/3KamWaI

📚Beginners Guide To Trading Options: https://averagemoney.teachable.com/p/...
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Although I consider myself a professional at trading the wheel strategy, this is only because I know how to roll options! If you do not know how to roll your covered calls and cash secured puts you are putting yourself at a huge disadvantage and taking on more risk than you have to.
This year stock prices are up which is cause stocks to shot way past peoples strike prices and they are left not knowing what to do. "How to save my covered call" is a question that comes up in my discord almost every day!

In this video we will talk about rolling options, especially in the covered call.. I am doing the wheel strategy with 4 different stocks that all shot way past my strike price..
In this video I will show you how to roll a covered call that is very in the money and over your strike price. I will give the reasons I had a to roll my options and why I did it. It will also show you how to roll and options to protect yourself when you are trading options as a beginner.



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