Think you need a big account to sell cash secured puts properly?
Think again.
There’s an entire universe of quality stocks and ETFs trading under $60 where you can run the wheel strategy with as little as $2,000 to $5,000 in collateral per trade.
In this video, I walk you through my complete tiered list of low-cost wheel strategy candidates, organised by risk level so you can find the right fit for your account size and experience.
📈 What You Will Learn
✓ Why lower-priced stocks are actually ideal for the wheel strategy
✓ Tier 1 — Conservative candidates (lower IV, lower beta, lower stress)
✓ Tier 2 — Moderate candidates (better premiums, more selectivity required)
✓ Tier 3 — Speculative candidates (high premium, high risk — not for beginners)
✓ Live trade examples using Barchart
✓ The key trade-off every wheel trader needs to understand
Timestamps
00:00 Start
00:36 Why Low Priced Stocks Work Well
01:29 Tier One: Conservative
07:38 Tier Two: Moderate Risk
11:29 Tier Three: Speculative
14:45 How To Use This List
My 12-month Accelerator Program is opening on October 22nd. Register your interest here: Accelerator Program
🔗 Helpful Resources
- CSP Calculator
- Option Wheel Tracker Spreadsheet
- Wheel eBook
- How to Fix Losing Options Trades
- 10-Part Iron Condor Course
- Options Trading 101
- OTIQ Best Articles
- Master Credit Spreads
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