Ep63 - Poor Man’s Covered Calls
Dan breaks down the poor man’s covered call, a strategy that uses a longer-term in-the-money call instead of stock, paired with a shorter-term out-of-the-money call sold against it. The result is a ca...
21 Apr 31min
Ep62 - Managing Cash Reserves for Wheel Traders
Dan explains why cash management is more complicated than it first appears for wheel traders. It’s not just about how much of your account is “in cash,” but how much is actually available to trade, ma...
14 Apr 28min
Ep61 - Rich People Problems
In this episode of Wealth Building with Options, Dan Passarelli tackles a unique—but very real—challenge faced by investors with large, concentrated stock positions. If a significant portion of your w...
7 Apr 14min
Ep60 - Fear and Loathing In The Stock Market
When markets crash, most investors panic. They react emotionally. They sell at the worst possible time. And they miss the very opportunities that could change their long-term results. In this episode,...
31 Mars 26min
Ep59 - We’re in the Money!
Dan breaks down how to think about in-the-money covered calls and in-the-money cash-secured puts. These trades can be powerful tools when you want to sell stock more efficiently or buy it at an effect...
24 Mars 32min
Ep58 - Predicting Assignments
Dan explains when option assignment is predictable, when it isn’t and why understanding the other side of the trade matters. He breaks down expiration mechanics, strike-price pinning, early exercise a...
17 Mars 28min
Ep57 - GTCs and Birds and Bees
Dan continues the conversation on liquidity, execution and trade management by focusing on good-till-canceled (GTC) orders, gap risk and the trade-offs of handling illiquid options. He explains when i...
10 Mars 37min
Ep56 - Wait. WHAT About Alice?
Dan is joined by returning guest John Kmiecik to unpack the real-world consequences of trading illiquid options (wide bid/ask spreads, low volume/open interest and “roach motel” trades you can’t exit ...
3 Mars 24min
