- Options Wheel is about using options to eventually own stocks you like, and then earn income from them. You sell puts to potentially buy the stock at a discount, and once you own it, you sell calls to collect extra income. Think of it as a long-term, stock-ownership strategy.
- Bull Put Strategy is about earning income without needing to actually own the stock. You set up a spread (selling one put, buying another put for protection), collect a credit upfront, and your
Generating income from options doesn’t have to be complicated. That’s why we created the PowerUp Options Mastery Course (Bull Put strategy). This is a complimentary course in collaboration with Webull, offered exclusively to users who meet the account opening and Premium Package funding criteria.
For those new to options, you might be wondering: what is the difference between the Options Wheel and the Bull-Put Strategy courses?
Here’s the key difference: