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This post is open sourcing my wheel trading system from my YouTube video.

The wheel trading strategy is far from a secret, and it's one of my favorites for getting involved with the markets so I made a system to help deploy it in a semi-systematic capacity!

Wheel Strategy:
1.) Start with a Net 0 Stock Position
1.a) Sell a ~20-30 Delta Put
1.b) Assigned? Go to 2 | Expired Worthless? Go to 1.a
2.) Sell a ~20-30 Delta Call Above Cost Basis
2.a) Assigned? Go to 1.a) | Expired Worthless? Go to 2

Of course you have downside equity risk, it's not a free lunch, you are literally compensated for bearing risk - it's about positioning and survival...

System available for download below!