Video Summary In this article, the author discusses vertical spreads, specifically debit spreads, and how to use them in the money contracts. The author explains that debit spreads are a type of trade where the buyer pays a net debit to open the trade, whereas credit spreads are where the buyer receives a net credit. […]

Video Summary The wheel strategy, also known as the triple income strategy, is a popular options trading strategy that combines the principles of covered calls and cash-secured puts. The strategy involves selling cash-secured puts and covered calls in a continuous loop, allowing traders to generate a steady stream of income. To implement the wheel strategy, […]

Video Summary In today’s discussion, we’re going to break down the math of buying call and put options. Jake argues that buying call and put options is not a good idea, and instead, believe that selling these contracts is where the real money is made. Let’s use Starbucks as an example. Let’s say we think […]