Using Both Covered Call Writing and Put-Selling to Generate Monthly Cash Flow and Buy Stocks at a Discount
Covered call writing and selling cash-secured puts are low-risk option-selling strategies that have multiple applications which include generating weekly or monthly cash flow and buying stocks at a discount. When both strategies are mastered, they can be combined into 1 multi-tiered option selling strategy we call the PCP (put-call-put) strategy also referred to as the wheel strategy. Each option sold will result in cash generation or buying a stock at a discount. We are the casino, not the gambler at the slot machine. Stock selection, option selection, position management and calculations will be incorporated into this presentation.