@Optionspuppy:$Gold Trust Ishares(IAU)$ 🥇 Part 1: My Gold Wheel Strategy — Selling Cash-Secured Puts and Covered Calls on Gold 🐶 My Options Puppy Approach to Gold 🐶 I have always liked the idea of using options not only to speculate, but also to generate income while waiting to own an asset at a price I am comfortable with. For gold, one of the instruments I can use for this strategy is the iShares Gold Trust, or IAU. Instead of simply buying IAU and waiting for the price to rise, I can use the Wheel Strategy to potentially collect option premium along the way. 💰 My basic idea is simple: sell a cash-secured put when I am willing to buy IAU, and if I eventually get assigned the shares, sell covered calls while I hold them. If the shares are called away, I ca

@Mathematical Money:$WDC 20261002 407.5 CALL$ Sold 0dte at 407.5 for a tidy profit. Covered call within 4 hours earning 1.4k usd in total from stock gain and premium. Not bad for a fish bottom trade.  More like casino than trading. Haha

@Papa Bear:$HOOD 20261016 140.0 CALL$ Limit order filled to sell Hood naked call at high strike 140 during initial market opening price increase for credit .