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Strategy guides, market takes, and tool tips for wheel traders, spread sellers, and everyone figuring this out as they go.

Latest Posts

SPCX IPO SNAPSHOT Ticker SPCX IPO Price $135/share Valuation $1.75T Rev multiple ~94x Lists June 12, 2026
SpaceX IPO: Bull Case, Bear Case, and Why You Should Probably Wait
SpaceX goes public June 12 at a $1.75 trillion valuation — larger than Meta, larger than Berkshire Hathaway. The bull case is real. The bear case is also real. Here's the honest breakdown before you put in that market order.
7 min read Read more
$6.00 ROLLED +$0.14 $500 start +$24 collected
The $500 Wheel Challenge — Week 1: First Trade, First Roll
Day one of the challenge. Sold same-day puts on BULL, the S&P dropped 2.58%, and we rolled instead of panicking. Here's exactly what happened and where we stand heading into June 18.
6 min read Read more
$25,000 ELIMINATED
The PDT Rule Is Gone — What It Actually Means for Options Traders
The $25,000 pattern day trader minimum was officially eliminated. Here's the honest take on what changed, what didn't, and whether it matters to your strategy.
5 min read Read more
SELL $50 PUT BUY $45 PUT $5 wide MAX PROFIT: PREMIUM COLLECTED MAX LOSS: WIDTH − PREMIUM
Credit Spreads for Beginners — Defined Risk, Real Premium
If you want to sell options premium but aren't ready to risk assignment on a naked put, credit spreads are your answer. Here's how they work and when to use them.
7 min read Read more
THE WHEEL SELL CSP ASSIGNED SELL CC
The Wheel Strategy Explained — How to Generate Consistent Income Selling Options
Sell puts, get assigned, sell covered calls, repeat. The wheel is one of the most practical income strategies for retail traders — here's how to run it properly.
9 min read Read more

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