Options income for working people
A community of working people learning the wheel together, so one day we can retire early, start a business, or spend our time on what matters. Real trades, wins and losses, shared openly.
Educational content only. Not financial advice.
How the wheel works
1
Sell a cash-secured put
Get paid a premium for agreeing to buy a stock you like at a set price.
2
Get assigned (or not)
If it expires, keep the premium and repeat. If assigned, you own 100 shares.
3
Sell a covered call
Collect premium on the shares you own while you wait.
4
Shares called away
Sell at the strike, then start the cycle over.
Every step carries risk. A stock can fall well below your strike.
My last 12 months, around a full-time job
~1%
a month on cash committed
12 of 12
months green
~13%
a year on cash committed
106
different stocks
My own Fidelity account, Nov 2025 to Oct 2026. Premium collected on the cash committed to the wheel, not total return. Some positions are down right now. Not typical results and not a guarantee. Options can lose money.
No hype, no signals to blindly copy. Just a group of people learning how options income actually works.
What I traded, why I picked that strike, and what I'd do differently.
Every trade logged, including the ones that went against me.
Assignment, rolling, picking strikes, managing risk. Explained without the jargon.
Ask questions, share your trades, and learn from each other on Discord.
Free download
The simple spreadsheet I use to track premium collected, cost basis, and assignments.
Wheel 101: six free lessons in plain English. Start with part 1.
WHEEL 101 · PART 1
The wheel strategy in plain English: get paid to agree to buy stocks you like, then get paid to agree to sell them.
WHEEL 101 · PART 2
What a cash-secured put is, how premium works, and what happens if you get assigned, with a simple example.
WHEEL 101 · PART 3
How a covered call works once you own 100 shares, and how one full trip around the wheel adds up.
WHEEL 101 · PART 4
A real wheel cycle from my account (META), a trade that went against me (MCD), and the five rules I follow.
WHEEL 101 · PART 5
Strike, expiration, premium, assignment, DTE and delta explained simply, plus the most common beginner mistakes.
WHEEL 101 · PART 6
How to start the wheel with $5,000: what you can trade, the steps I follow, the real math, and a full UPS cycle from my account.
I work full time and run the wheel on the side. Over the last 12 months it's averaged about 1% a month on the cash I put to work. I share every trade, including the ones losing money right now. Nobody figures this out alone. Here, we learn from each other.
Follow along on X at @wheelwithyosef.
Every plan includes Discord access, the full wheel log, weekly breakdowns, and every lesson. Cancel anytime through Whop.
Founding Member · First 50 only
$19 /month
3 months free, then $19/month locked in for life. Card required to start.
Claim a founding spotShifter Annual
$290 /year
Full membership for a year. Two months free compared to monthly.
Join annuallyNo. We start from the basics and explain everything in plain language.
No. It's education and shared experience. You make your own decisions with your own money.
A cash-secured put needs enough cash to buy 100 shares at the strike. We cover ways to start small, including paper trading.
Discord access, my full wheel log with every trade, weekly trade breakdowns, and every lesson.
The first 50 Founding Members get 3 months free, then $19 a month locked in for life. After that, it's $29 a month or $290 a year.
9 a month or 90 a year.Yes. You can cancel anytime through Whop.
Yes. The Wheel 101 lessons on this site and the Discord community are free to join.
Working people who want to learn the wheel strategy in plain English and build income on the side, at their own pace.