Trade the Options Wheel
If you have been reading my posts, you know by now that what I do here isn’t about hype.
You won’t find promises of turning a small account into a fortune overnight.
You won’t see claims of making 1,000% in a single day.
If that’s what you’re looking for, this isn’t the place.
But if you’re here for consistency, repeatable income, and a strategy that’s built to work over time, then you’re exactly who I built The Options Oracle for.
The Strategy I Use
Everything I do is built around the Options Wheel Strategy.
It’s simple, proven, and designed for traders and investors who want to:
Generate income by selling cash-secured puts
Get paid to buy stocks at a discount
Build wealth through capital appreciation over time
Maximize returns by selling covered calls once assigned
The key is this:
You’re always getting paid, either through premium or through owning quality stocks at better prices, and when you layer covered calls on top, the system really starts to compound.
I’ve used this approach for many years to build my own portfolio, and I still use it today for one reason: It works.
A Real Look at What Paid Members Are Seeing Right Now
Below are the trades I have taken profit on or that I’m currently managing, all shared in real time with my paid subscribers.
🎯 Take Profit Alert:
🔹 RDW — Redwire Corp
Position: -6 Mar 6 $8 CSP
Premium Collected: $342
P/L Open: +$312
Premium Captured: 91.23%
DTE: 4
This one did exactly what we want as premium sellers.
Over 91% of the premium has been captured with a few days still left. There’s no reason to squeeze the last few dollars out of it. I’m closing it here and locking in the win.
That’s textbook Wheel management.
🔹 LUNR — Intuitive Machines
Position: -3 Mar 6 $15 CSP
Premium Collected: $324
P/L Open: +$268.50
Premium Captured: 82.87%
DTE: 4
LUNR had a strong move and crushed premium quickly. With more than 80% captured and expiration this week, I’m taking the profit and freeing up capital.
No need to let gamma risk creep in late in the cycle.
🔹 DKNG — DraftKings
Position: -2 Mar 20 $20 CSP
Premium Collected: $178
P/L Open: +$124
Premium Captured: 69.66%
DTE: 18
DKNG isn’t expiring this week, but nearly 70% of the premium has already been realized.
That’s a solid level for this trade.
Rather than sit on it for diminishing returns, I’m closing and redeploying capital into the next higher-probability setup.
🔹 RCAT — Red Cat Holdings
Position: -6 Mar 6 $9 CSP
Premium Collected: $204
P/L Open: +$147
Premium Captured: 72.06%
DTE: 9
RCAT has done what I needed it to do. With over 72% of the premium already captured and still more than a week left to expiration, I’m closing it here and locking in the gain.
No reason to sit around for the last stretch of decay when the bulk of the premium is already in my pocket. I remain constructive on the name, but I’ll stay disciplined and wait for the next clean setup.
🔹 ONDS — Ondas Holdings
Position: -5 Feb 27 $9.5 CSP
Premium Collected: $365
P/L Open: +$265
Premium Captured: 72.60%
DTE: 8
I’ve been stacking a lot of gains with ONDS on the cash-secured put side. I remain bullish on the name and the sector overall, and I would absolutely like to own it at the right price.
That said, I’m sticking to my system.
With over 70% of the premium already captured and 8 days left until expiration, I’m locking in the profit here.
I’ll stay patient and wait for the next clean setup to rotate back in.
These trades are great on their own; they generate income, reduce risk, and keep capital moving. But when you combine CSPs with covered calls, that’s when the Wheel becomes a systematic growth machine.
What You Get as a Paid Member
Inside The Options Oracle, you get:
Daily Wheel-based trade ideas
Full breakdowns of every trade I place
Ongoing management and take-profit updates
Covered call setups where the real compounding happens
Access to a proven system built on consistency, not excitement
Right now, you can Try It Free for 30 Days!
Instead of asking you to decide upfront, I’m offering a 30-day free trial. Would I make that kind of offer if I weren’t confident that I could deliver?
That gives you full exposure to:
The strategy
The trade flow
The discipline behind the system
How this approach actually works day-to-day
You can decide based on experience, not promises.
If it’s a fit, great.
If it’s not, you’ll know that too.
Either way, you’ll walk away with a clearer understanding of how professional options trading really works.
If you’ve ever thought about treating trading like a business instead of a gamble, this is the easiest way to see what that actually looks like.
👉 Start the 30-Day Free Trial and See the Wheel in Action
*Disclaimer: The examples in The Options Oracle are my opinion, not financial advice.