Frequently Asked Questions

The amount of money a trader can make using the Wheel strategy depends on a few factors. First, the amount of capital the trader intends to use for the strategy. Second, how aggressive or conservative the trader wants to be. We strive for a 5% return on investment (ROI) each month. So, if the trader uses $10k they can make $500 per month...if they use $20k they can make $1000 per month...and if they use $100k they can make $5000 per month. Ultimately, it's up to the trader. Visit our Wheel Strategy Returns Calculator page to run some numbers!

During our class, learning the strategy will consume some time. A fair estimate would be 5-10 hours a month, and much of it can be done while the stock market is closed. Each month will get easier with experience. Once the strategy is fully understood, and by the end of the class, it will only take a few hours a month to execute and manage the strategy. That's why this strategy is great for people with busy careers and for active retirees who want to golf, go fishing, watch the grandchildren, etc.

Yes, every investing and trading strategy has risk. There is no such thing as a "risk-free" strategy. However, the Wheel strategy is considered a "low-risk" options strategy. The risks are covered in the introductory video, our book, and our class.

The book costs $24.95 for the paperback and PDF version and $9.95 for the Kindle version.

The on-demand video costs $85 and includes a PDF guide, a P&L trading log, and a gains calculator you can download. You can access the video as often as you like.

The masterclass, which consists of five monthly live-video sessions, costs $500 ($100 per session). You can easily recover this "investment" when you place your first trade after the first session.

Yes, we offer a discount for honorably or medically retired military veterans and LE personnel for the Wheel Strategy Masterclass only. Click here for more details.

None! The masterclass is designed for beginners. We will show you what you need to know to execute the Wheel strategy. Once you complete the class, you can continue a broader stock market education on your own...as you're making money!

Every video session is recorded. For those who are unable to attend a specific session, the recording will be available to view for three days following the session.

Yes, the class instructor is available by email for follow-up questions between each session.

No! Participants can continue to utilize their current investment strategies. However, they will need some capital set aside (minimum of $10K is recommended) to explore the Wheel strategy.

Any account that allows the use of options...a taxable brokerage account or a retirement account such as a IRA, Roth IRA, or 401K. A brokerage account is like a savings account that has access to the market. You can move money in and out of the account anytime without penalty. Account holders will receive a Form 1099-B/DIV/INT from the broker at the end of the year to report their capital gains.

Participants will need to ensure their account is open and funded (a minimum of $10k is recommended). And, they will need to have options approval for their account. Brokerage firms offer multiple levels of options approval. For the Wheel strategy, the account needs to be approved for cash-secured puts and covered calls, which is a lower level of approval that does not require a margin account. Additionally, participants will need to download their broker's desktop trading platform on their home computer or laptop and set it up. Many tutorial videos can be found on the broker's website and/or YouTube. Finally, participants will need two computer monitors for their desktop or laptop. It's a good investment for two reason. First, it's better for the class so participants can watch the video session on one monitor while using their trading platform on the other monitor. Second, many people find it easier to use two monitors for trading purposes.

Registrants can get a full refund for the Wheel Strategy Masterclass if they cancel seven (7) days or more before the first session. There is no refund for canceling less than seven days before the first session. A full refund will also be available if we are unable to conduct the class before it begins. And, a partial refund ($100) will be available if we have to reschedule a specific session and you are unable to attend the new session.