Rolf Strasse | "Financial Freedom Books" Series

I sell cash-secured puts and run the Wheel every single week. Have for years. Boring pays. But it took me 30 years and hundreds of thousands in losses to learn what actually works. So I wrote it all down. 5 books. The Financial Freedom Books Series: 1. Poor to Rich Start here. Compounding, dividends, the Wheel, CSPs and covered calls from zero. Plus my own climb from a job I hated to financial independence. 2. Options Trading A to Z For when the basics feel easy. Greeks, IV timing, LEAPS, credit spreads, Poor Man's Covered Calls. The roadmap from $50K to $500K. 3. The Mindset That Shapes Real Financial Freedom Knowing what to do doesn't make you do it. 9 money myths that keep smart people stuck. 4. Sarah's Journey A dental hygienist. $500 to start. Her first premium: $18. About 5 years later her premiums covered her bills. 5. Turn Your Retirement Accounts Into a Paycheck 50+? Your 401(k) or IRA is the biggest pile you own and it's asleep. Make it pay you weekly and monthly. Each one stands alone. Together they're the full playbook. Pick the one that fits where you are. Link to all books in my profile.

"Check IV Rank before every trade. Only sell when IV Rank above 50, preferably 60+. Only buy when IV Rank below 30." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K

Few years ago my dividends portfolio paid me $5,000 a year and that was a great achievement Now I make more than that a month selling options Once you learn it, get used to it, there is no going back

When cash secured puts get assigned I sell covered calls When covered calls exercised I sell cash secured puts. Circle that is called a Wheel 🛞

Buying short term options, you need to be right about direction, timing, and magnitude. All three, in a few days. Selling short term options, you just need to be roughly right, or wrong slowly. Buyers are betting on a move. Sellers are betting on time. Time wins way more often than a guess does.

Buying stock gives you one decision. Buy or don't. Selling options gives you four. You pick the strike. You pick the expiration. You pick when to take the win. You pick when to cut the loss. Most people trade like they only have one lever. Options traders have four hands on the wheel.

Getting tested doesn't mean panic. It means decide: roll down and out, or just take assignment. Rolling isn't admitting defeat. It's buying yourself more time and more premium on a trade you still believe in.

The AI infrastructure trade is hiding in plain sight. 16 stocks. Locked revenue. Monopoly economics. Analyst upside: 25% to 170%. Study this thread. Bookmark it for future🧵👇 $MU $NVDA $TSM $AVGO $MRVL $COHR $CRDO $WDC $SNDK $SKHY $DELL $HPE $SMH $DXCM $BSX $SOFI

As an options trader and long term investor I want to connect with accounts of similar interests that share valuable subject-related information here Let me know which accounts are those that worth a follow

If you’re selling Cash-Secured Puts with a $100,000 account, a realistic expectation is generating roughly $1,500 to $3,000 per month in option premium. Can you make $5,000 to $8,000 per month? Absolutely. But in most cases, that means taking significantly more risk by selling puts on highly volatile stocks. That is where many traders break Rule #1 of Cash-Secured Put selling: Only sell puts on companies you would be happy to own for years. The higher the premium, the greater the risk. If the stock falls and you get assigned, you should be comfortable holding the shares, not hoping for a bounce. Successful Cash-Secured Put sellers focus on consistency first and income second. Chasing the highest premiums often leads to the lowest long-term returns. $MU $MRVL $SMH $SPY $QQQ

How do I decide which cash-secured puts to sell? I start with one question: “Would I be happy owning this stock at this price?” Only then do I look at: • Delta • Premium • Support levels Too many traders start with the premium. The stock should come first. The option is just the vehicle 💰

"Start small. Start today. Build systematically. Follow rules. Track everything. Scale gradually. Compound relentlessly." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K

“Take the number 72 and divide it by your expected annual return rate, and you’ll get the approximate number of years it takes for your money to double.” Poor to Rich, Chapter 4, page 101 “The number one skill in investing is patience, extreme patience. Compounding is the eighth wonder of the world.” Mohnish Pabrai @MohnishPabrai frequently uses the Rule of 72 in his lectures to show how money doubles, directly echoing your chapter.

"Boring and systematic wins. Exciting and complex loses." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K

Coca-Cola $KO has increased its dividend for over 60 consecutive years. Johnson & Johnson $JNJ for over 60 years. Procter & Gamble $PG for over 65 years. These are some of the most reliable dividend machines in history. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 3

"Think in probabilities, not certainties. You will lose on 25% to 30% of trades even with perfect execution. That's not failure. That's statistics." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K