August 23, 2025 • 14 mins
Most “cheap” stocks under $30 are cheap for a reason—but in the right hands, they can be steady premium machines. In this video, I’m breaking down 15 of my favorite setups for running the Ark Options Strategy, built to plug the holes in the traditional Wheel. We’ll cover dividend payers, beaten-down value plays, and a few riskier names for juicier premiums—without straying into degenerate lottery tickets. If you want a practical, research-first way to sell options on companies you don’t mind owning, this list will give you plenty to dig into.
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Episode Transcript
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Speaker 1 (00:00):
Here are fifteen of my favorite quote unquote cheap wheel
strategy stocks, all under thirty dollars. Yo, what is going on,
premium chasers? I hope you are having a god blessed
day today. Every single person that comments down below is
going to get our ARC Option Strategy ebook, which is
a must read if you're planning to go and do
further research on the companies you're going to be learning
about today, because the wheel strategy is a leaky bucket,
(00:24):
and the ARC Option strategy is.
Speaker 2 (00:26):
What plugs those holes.
Speaker 1 (00:28):
I don't know where I was going there, Guys. You
know what, Just drop a comment. I'll personally respond to
you with it and hit that like, butdon that subscribe
by guys. Today we're talking about the fifteen of the
current cheap all right wheel strategy stocks that I'm watching now.
Just because they're cheap doesn't mean that these aren't fundamentally
sound companies.
Speaker 2 (00:42):
Now, since we're going to be going over a lot of.
Speaker 1 (00:45):
Companies here, guys, listen, go do you obviously do your
own research on these. We're going to kind of go
through them quickly, look at some potential setups, and just
chat about them really briefly. But for the sake of
both of our times, We're going to kind of quickly
go through these. These are just some of my favorite
ones that I've run the wheel strategy and ARC options
over the many years I've been doing this, so let's
(01:06):
get into it. The first one is Craft Hinds, trading
currently at twenty seven seventy six of a bit of
a downward trend right now, which has just been I
mentioned a few times here on the channel. We actually
got out pretty well in our castide care puts on
these when we were doing them around twenty eight, which
is fantastic, But we are trading well below the two
and three hundred day moving average of around thirty four dollars,
(01:27):
trading right at that middle Bolinger band area. Premiums obviously
on a company like Craft Hindes aren't. You're not going
to see the crazy juice.
Speaker 2 (01:34):
Here, guys.
Speaker 1 (01:34):
With listen, I'm not the I'm not that guy for you.
I do a lot of my ARC options and wheel
strategy stuff. I do it on very stable, dividend paying
companies that I actually believe it or not believing and
don't mind holding.
Speaker 2 (01:45):
I don't really go into the degenerate stuff. I just don't.
Speaker 1 (01:48):
I'd rather take less premium so I can sleep better
at night. Peace of mind is absolutely key for me here,
considering I don't want to do this full time, nor
am I a Picasso of the candlesticks. All right, So
first one is craft TIGND set up very very nicely
for some cash secured puts right now.
Speaker 2 (02:04):
Next one quickly going to go over.
Speaker 1 (02:05):
Obviously you guys already know that follow along with a
channel here that we have a live portfolio here that
we deposited five thousand dollars into. If you're not tuned
into that, make sure go watch some of the videos
on channel. Usually those videos in the top right hand
corner of it, we'll say live. That's why I'm doing
my different live trade, so watch out for those if
that interests you. But Snapchat, as you know, is one
(02:28):
of our favorite wheel strategy stocks in that portfolio also
really set up beautifully off a cliff post earnings. I
personally love Snapchat, obviously, go do your own research. Also
trading below the two and three hundred day moving averages
right at that bottom bowlinger band area. For me, I
personally love love this company because obviously you know it's
(02:49):
a lot more risky. Right, This is definitely more of
a risky cheap stock because chances of assignment are a
lot higher and the premiums for that we are rewarded
as options. So definitely more of my riskier allocation bucket,
but still a great company that I personally am bullish on.
Speaker 2 (03:06):
Next one is Barrack Mining.
Speaker 1 (03:08):
Okay, Now, this one is twenty trading at twenty three
sixty four.
Speaker 2 (03:11):
Down a little bit here.
Speaker 1 (03:12):
This is definitely in more covered call territories because gold
has been just absolutely on a tear. This thing has
not been working its bottom Bolinger band area since May,
which we were actually doing a few cash secured puts
back then. Haven't done much of it now, but it
is set up more for the covered calls. You could
see it is trading well above it's two hundred day
(03:35):
average of eighteen eighty. Usually these kind of companies, or
when I'm seeing this kind of setup, I'm looking covered
calls when we're at the top of the Bowlinger band.
I'm looking cash secured put when we are towards the bottom. Okay,
next one we are getting into is Southwest Airlines. You
will see I love trading airline stocks. I genuinely do.
It's one of my favorite quote unquote niches to trade
(03:57):
the wheel strategy on, and one of the reasons for
that is they kind of move sideways now now obviously
Southwest not as much so now we'll see a very
similar kind of chart across the board because we had
that big spike across the entire market in April. But
usually the bands are pretty tight, and that's what I
(04:18):
usually like.
Speaker 2 (04:18):
Now.
Speaker 1 (04:18):
I haven't messed with Southwest in quite a bit, but
I'm usually doing it when the bands are a lot tighter,
not the way we've kind of been going crazy here
a little bit. You could see the setup is more
cast secured put side, slightly over sold on the RSI
and trading right around it's two hundred day moving average
around thirty dollars, so still in cash secured put territory,
(04:39):
and a great stock that offers decent premiums as well.
Next one is Upwork. Okay, Upwork trading currently at thirteen
seventy four. Bit of a tumble at least today at
the time of me recording this. We're seeing a lot
of red actually here at the time of me recording
this video, which is a good thing.
Speaker 2 (04:54):
We need a nice little pullback. Let's get those amens
going in the comments.
Speaker 1 (04:58):
We need a nice big pullback so we can deploy
that dry powder that we've all been sitting on not
getting into these ridiculous setups, right, I hope not. But
we are down to basically two and a half percent here,
still needs room to go. I'm personally watching this one
very very closely. As some of you guys know, I'm
very big on Fiver.
Speaker 2 (05:17):
In the public portfolio.
Speaker 1 (05:18):
All Pork is also one of those stocks that I'll
be doing inside of my public portfolio as well, but
right now it's still not set up there. Even a
two percent drop right here is not enough to excite
me enough to pull the trigger on doing some cast
secured puts, because we're kind of just right in this
between the two and three hundred day moving averages. There
were some decent setups earlier in the month on this
when it was down at that eleven ninety range, but
(05:40):
it's been on an absolute tear recently, so let's come
back to reality, folks. Next one is Fiver. Okay, this
is again in the public portfolio. Currently we have twenty
dollars puts on Fiver right now, most likely set to expire.
It's been kind of gone to go in sideways. Honestly,
this month just really kind of just hanging around this
(06:01):
twenty two dollar area. We're in the twenty puts, you
know what, we're most likely walking away, and we had
a decent ROI and collateral, and honestly, I'm probably.
Speaker 2 (06:10):
At the time of expiration.
Speaker 1 (06:12):
If I don't get us, I'm probably just going to
open another cast secured put because it's still set up
really nicely and it seems we have a lot of
support around this level.
Speaker 2 (06:19):
So to me, that's a good sign right now.
Speaker 1 (06:21):
Obviously, all these indicators and technicals and griegs, it's all
of the gazzi. Nobody knows what the stock market's gonna do.
That's why I go with my I go with my
my number one indicator and as my gut. So that
is my two hundred and three hundred day moving averages
right there, and they are it is trading well below that,
which I love. If I can get in a company
that I have a high conviction in and it's trading
below it's two and three hundred day moving averages, you
(06:43):
know what. Listen, that's that's that's that's great for me,
right that that that for me is great. Next one
we're moving on to is another one inside the public
portfolio draws me. We're going to get into some new
ones here in a second. Be patient, fan, especially if
you tune in regularly. Is our ford man. We got
into this one at the perfect time. We know our
public portfolio secured puts on that on the public portfolio,
(07:03):
we are right at the middle Bolinger band that I
mean just literally right at the at the middle Bolinger
band area. If you don't know, we usually like to
sell our covered calls at the top if we have
one hundred shares, and then at the bottom we like
to sell our cash secured puts because usually we bounce
between them. Now, obviously it's a food gazi. Nobody knows.
It's just helps us time our entries. I'm not a
(07:24):
timer of the market, but it helps us get our
best premium at best strikes possible on both sides of
the cover call or cash secured put.
Speaker 2 (07:30):
Okay, so no, it's this one.
Speaker 1 (07:33):
Is a little bit above decently above. It's two and
three hundred day moving average. I definitely might put is
a little bit more on the aggressive side, but I
had a thousand bucks needed to deploy it. And Ford
is definitely not a company that I am upset holding
because of the amazing, amazing dividend that we.
Speaker 2 (07:48):
Get from them.
Speaker 1 (07:48):
Moving on to the next one, also one of the
big ones in the public portfolio, down three percent today.
Coming back to reality, Yes, man, this is I did
a video on this recently about the importance the importance
of closing your cast secured puts, and I'm so glad
it was documented on camera, and it's so fun for
(08:11):
me to do these actually with the live portfolio. So basically,
we opened cast secured puts like right around this area,
right and then ten days later it like shot up.
Actually I think we opened them right here on this
drop that we took. We took a big tumble here
and then I kind of was patient. I was like whatever,
I'm just getting into it. And then we shot up
like twelve percent and then we I was like, you
know what, I'm closing this thing out. I think this
(08:33):
is the twelve percent run, if not even more on
American airlines is way overblown. One of my favorite reel
strategy socks and what do you know, good thing we
did it because we have a nice three percent drop
today on American Airlines. And guess what, You're gonna come
back down American Airlines And guess so, I'm gonna open
some more cast secured puts on you, and then I'm
just gonna rinse and repeat. Okay, And if you guys
(08:55):
don't know what I'm talking about, I know I presasure
have said this. Click the first thing in description of
today's here to learn about the ARC options strategy, or
if you're somebody that runs the Wheel strategy, plug the
holes in your wheel strategy because you.
Speaker 2 (09:05):
Are a leaky bucket.
Speaker 1 (09:07):
And you also learn more about our mastermind and mentorship
program down there if you want to join an incredible
group of investors doing this day in and day out,
talking all day through it. Next one is Jet Blue,
also in the obviously an airline. This one's more on
the cheaper end. You could see a similar chart to
American Airlines here. It's been kind of going sideways and
kind of shot up and now it's working its way
(09:28):
back down.
Speaker 2 (09:29):
This is definitely more of a riskier one.
Speaker 1 (09:33):
If I have the cash and I'm getting to American
air I'm going to American Airlines or Southwest. I'm usually
going almost nine out of ten times I'm going to
American airlines.
Speaker 2 (09:41):
You'll see there's a lot of these airlines.
Speaker 1 (09:44):
Unless there's very specific stuff that comes up about them.
Speaker 2 (09:47):
They kind of move similarly right in a way. Right.
Speaker 1 (09:51):
Obviously that's not always true and that's a blanket statement,
but they do right. So you could see this shot
up above its top bowling your band, which you know,
as we usually see, is a short lived on either
end of it and usually just kind of go sideways here,
which is fantastic for us. I mean the spread is
kind of big, but still it's you know, not not massive.
I mean it's five point forty down to you know
(10:12):
three around four right there. So that's great honestly for
wheeling and DLAN. So, you know, great one, especially if
you're on a bigger budget and you just want to
like try it out, you know, try the wheel stride
you out with five hundred bucks. Jeff Blue, Honestly, I
really like it. Next one is Canagar Brands. I have
not jumped into this one yet, but it is on.
Speaker 2 (10:29):
My watch list.
Speaker 1 (10:30):
I want these premiums juice here, I want these premiums better.
I'm looking at nineteen dollars puts on this thing because
it's just an absolute falling knife.
Speaker 2 (10:37):
But they're still not there.
Speaker 1 (10:39):
Yeah, even when I was towards the bottom of the
Bowlinger Man, they just weren't there.
Speaker 2 (10:42):
This thing has been just getting beat down, just beat
beat down.
Speaker 1 (10:46):
And I love when things are getting beat down because
I'm getting usually a better premium because essentially I'm selling
insurance and I'm well below the two and three inchred
day moving averages. But again, the premiums just haven't been
in there, but I'm hoping they will be. We're kind
of still right in that forty seven RSI middle bowl
in your band area. We're just gonna have to see
what happens with this one. The premiums were decent around
(11:08):
when it was around eighteen, but I did not have
the capital at that point to jump into anything. But
I'm watching it decent dividend as well, and honestly, I
think a great company with a great portfolio of brands.
Speaker 2 (11:20):
As you guys know if you tune in here regularly.
Speaker 1 (11:22):
I love companies that own a lot of brands, consumer
staple products, products that me, you, all of us have
in our house. Next one quickly got a gloss over
at SOFI enough said, I mean, I do love it.
I still love Sofi. I just need this thing keep going.
Let's go, keep seeing more red, keep seeing more red.
Let's get back towards that bottom bowling your band are.
Let's get to sixteen guys, let's get that back down
to sixteen on SOFI. I love this company so much.
(11:43):
I'm so bullish on SOFI, but I do want us
to see us come back down to reality a little
bit more so I can actually run some cash secured
puts on.
Speaker 2 (11:51):
This.
Speaker 1 (11:52):
Next one is Carnival. Man, this was a banger during COVID.
I don't know about you guys, but COVID it was
so fun for me with airlines and with cruise ships.
Oh my gosh, so fun. Haven't traded this one in
a bit, but has just caught my area. I did
miss a good setup on it earlier in the week.
Speaker 2 (12:11):
Look at that.
Speaker 1 (12:12):
That would have been a a You gotta have gotten
in and out of that pretty pretty quickly. The reason
for this is it's just been on too big of
a tear, like so many companies have been. But I
hope we see it pull back back down to like
a twenty four area, and then I'll be jumping into
some cast secure puts with this.
Speaker 2 (12:28):
Next one is Pfiser.
Speaker 1 (12:29):
Pfizer, Say what you will about the company, but you
know this is a great dividend pire and just kind
of been not really doing much lately, kind of just
playing in this, you know, below the two and three
enter moving average area recently and just ping ponging. I
like this, I like ping ponging back and forth. I'm
selling my covered calls, selling my cast scared parts, and
closing out either way. So a great one for the
(12:51):
arc option strategy. A kind of a different one that
came up on my radar here is Moderna. This one
came up on my screen are actually a few days
ago and has also just been just really going side.
Look how tight the Bolinger bands here are on this
and well below two and three hundred day moving averages
and just at that bottom a bolinger band area. I've
(13:12):
not pulled the trigger on this just yet, but I
was very close to on the public portfolio, so stay
tuned on that. If we continue to see this thing
drop further, I plan to definitely take a look at
some cast secure puts. And lastly is atn T. Not
much to really say about AT and T, one of
the more popular wheel strategy stocks. And also because we
(13:32):
kind of just ping pong back and forth in this
Bolinger band area. But it is nice to see AT
and T steadily climbing because this thing has been it's
been a wild ride for me over the years trading
AT and T. Give me an amen if you've been
a dividend investor of AT and T back in the day. Guys,
if you want to learn more about how to sell options,
(13:53):
whether you're looking to just get started or you're looking
to scale, click the first thing in the description of
today's video. It's a thirty minute training that's going to
tell you about the R options strategy. If you like
what you hear, you want to join us inside the
mastermind and Mentorship. You'll be able to book a free
call with us. Two requirements. You're not a toxic person.
We speak to everybody we join. It's not a high
pressure sales tactic. It's just the reality of the situation.
We want to make sure that our environment is cool
(14:15):
people that would actually get together in real life and
have good conversations, believe it or not. Number two, you
got to be financially stable. At the end of the day, guys,
you need money to make more money, and this is
what this strategy is. So click that first link in
the description of today, So you guys remember, sell options,
collect periums, repete.
Speaker 2 (14:29):
I'll see all tomorrow
Here are fifteen of my favorite quote unquote cheap wheel
strategy stocks, all under thirty dollars. Yo, what is going on,
premium chasers? I hope you are having a god blessed
day today. Every single person that comments down below is
going to get our ARC Option Strategy ebook, which is
a must read if you're planning to go and do
further research on the companies you're going to be learning
about today, because the wheel strategy is a leaky bucket,
(00:24):
and the ARC Option strategy is.
Speaker 2 (00:26):
What plugs those holes.
Speaker 1 (00:28):
I don't know where I was going there, Guys. You
know what, Just drop a comment. I'll personally respond to
you with it and hit that like, butdon that subscribe
by guys. Today we're talking about the fifteen of the
current cheap all right wheel strategy stocks that I'm watching now.
Just because they're cheap doesn't mean that these aren't fundamentally
sound companies.
Speaker 2 (00:42):
Now, since we're going to be going over a lot of.
Speaker 1 (00:45):
Companies here, guys, listen, go do you obviously do your
own research on these. We're going to kind of go
through them quickly, look at some potential setups, and just
chat about them really briefly. But for the sake of
both of our times, We're going to kind of quickly
go through these. These are just some of my favorite
ones that I've run the wheel strategy and ARC options
over the many years I've been doing this, so let's
(01:06):
get into it. The first one is Craft Hinds, trading
currently at twenty seven seventy six of a bit of
a downward trend right now, which has just been I
mentioned a few times here on the channel. We actually
got out pretty well in our castide care puts on
these when we were doing them around twenty eight, which
is fantastic, But we are trading well below the two
and three hundred day moving average of around thirty four dollars,
(01:27):
trading right at that middle Bolinger band area. Premiums obviously
on a company like Craft Hindes aren't. You're not going
to see the crazy juice.
Speaker 2 (01:34):
Here, guys.
Speaker 1 (01:34):
With listen, I'm not the I'm not that guy for you.
I do a lot of my ARC options and wheel
strategy stuff. I do it on very stable, dividend paying
companies that I actually believe it or not believing and
don't mind holding.
Speaker 2 (01:45):
I don't really go into the degenerate stuff. I just don't.
Speaker 1 (01:48):
I'd rather take less premium so I can sleep better
at night. Peace of mind is absolutely key for me here,
considering I don't want to do this full time, nor
am I a Picasso of the candlesticks. All right, So
first one is craft TIGND set up very very nicely
for some cash secured puts right now.
Speaker 2 (02:04):
Next one quickly going to go over.
Speaker 1 (02:05):
Obviously you guys already know that follow along with a
channel here that we have a live portfolio here that
we deposited five thousand dollars into. If you're not tuned
into that, make sure go watch some of the videos
on channel. Usually those videos in the top right hand
corner of it, we'll say live. That's why I'm doing
my different live trade, so watch out for those if
that interests you. But Snapchat, as you know, is one
(02:28):
of our favorite wheel strategy stocks in that portfolio also
really set up beautifully off a cliff post earnings. I
personally love Snapchat, obviously, go do your own research. Also
trading below the two and three hundred day moving averages
right at that bottom bowlinger band area. For me, I
personally love love this company because obviously you know it's
(02:49):
a lot more risky. Right, This is definitely more of
a risky cheap stock because chances of assignment are a
lot higher and the premiums for that we are rewarded
as options. So definitely more of my riskier allocation bucket,
but still a great company that I personally am bullish on.
Speaker 2 (03:06):
Next one is Barrack Mining.
Speaker 1 (03:08):
Okay, Now, this one is twenty trading at twenty three
sixty four.
Speaker 2 (03:11):
Down a little bit here.
Speaker 1 (03:12):
This is definitely in more covered call territories because gold
has been just absolutely on a tear. This thing has
not been working its bottom Bolinger band area since May,
which we were actually doing a few cash secured puts
back then. Haven't done much of it now, but it
is set up more for the covered calls. You could
see it is trading well above it's two hundred day
(03:35):
average of eighteen eighty. Usually these kind of companies, or
when I'm seeing this kind of setup, I'm looking covered
calls when we're at the top of the Bowlinger band.
I'm looking cash secured put when we are towards the bottom. Okay,
next one we are getting into is Southwest Airlines. You
will see I love trading airline stocks. I genuinely do.
It's one of my favorite quote unquote niches to trade
(03:57):
the wheel strategy on, and one of the reasons for
that is they kind of move sideways now now obviously
Southwest not as much so now we'll see a very
similar kind of chart across the board because we had
that big spike across the entire market in April. But
usually the bands are pretty tight, and that's what I
(04:18):
usually like.
Speaker 2 (04:18):
Now.
Speaker 1 (04:18):
I haven't messed with Southwest in quite a bit, but
I'm usually doing it when the bands are a lot tighter,
not the way we've kind of been going crazy here
a little bit. You could see the setup is more
cast secured put side, slightly over sold on the RSI
and trading right around it's two hundred day moving average
around thirty dollars, so still in cash secured put territory,
(04:39):
and a great stock that offers decent premiums as well.
Next one is Upwork. Okay, Upwork trading currently at thirteen
seventy four. Bit of a tumble at least today at
the time of me recording this. We're seeing a lot
of red actually here at the time of me recording
this video, which is a good thing.
Speaker 2 (04:54):
We need a nice little pullback. Let's get those amens
going in the comments.
Speaker 1 (04:58):
We need a nice big pullback so we can deploy
that dry powder that we've all been sitting on not
getting into these ridiculous setups, right, I hope not. But
we are down to basically two and a half percent here,
still needs room to go. I'm personally watching this one
very very closely. As some of you guys know, I'm
very big on Fiver.
Speaker 2 (05:17):
In the public portfolio.
Speaker 1 (05:18):
All Pork is also one of those stocks that I'll
be doing inside of my public portfolio as well, but
right now it's still not set up there. Even a
two percent drop right here is not enough to excite
me enough to pull the trigger on doing some cast
secured puts, because we're kind of just right in this
between the two and three hundred day moving averages. There
were some decent setups earlier in the month on this
when it was down at that eleven ninety range, but
(05:40):
it's been on an absolute tear recently, so let's come
back to reality, folks. Next one is Fiver. Okay, this
is again in the public portfolio. Currently we have twenty
dollars puts on Fiver right now, most likely set to expire.
It's been kind of gone to go in sideways. Honestly,
this month just really kind of just hanging around this
(06:01):
twenty two dollar area. We're in the twenty puts, you
know what, we're most likely walking away, and we had
a decent ROI and collateral, and honestly, I'm probably.
Speaker 2 (06:10):
At the time of expiration.
Speaker 1 (06:12):
If I don't get us, I'm probably just going to
open another cast secured put because it's still set up
really nicely and it seems we have a lot of
support around this level.
Speaker 2 (06:19):
So to me, that's a good sign right now.
Speaker 1 (06:21):
Obviously, all these indicators and technicals and griegs, it's all
of the gazzi. Nobody knows what the stock market's gonna do.
That's why I go with my I go with my
my number one indicator and as my gut. So that
is my two hundred and three hundred day moving averages
right there, and they are it is trading well below that,
which I love. If I can get in a company
that I have a high conviction in and it's trading
below it's two and three hundred day moving averages, you
(06:43):
know what. Listen, that's that's that's that's great for me,
right that that that for me is great. Next one
we're moving on to is another one inside the public
portfolio draws me. We're going to get into some new
ones here in a second. Be patient, fan, especially if
you tune in regularly. Is our ford man. We got
into this one at the perfect time. We know our
public portfolio secured puts on that on the public portfolio,
(07:03):
we are right at the middle Bolinger band that I
mean just literally right at the at the middle Bolinger
band area. If you don't know, we usually like to
sell our covered calls at the top if we have
one hundred shares, and then at the bottom we like
to sell our cash secured puts because usually we bounce
between them. Now, obviously it's a food gazi. Nobody knows.
It's just helps us time our entries. I'm not a
(07:24):
timer of the market, but it helps us get our
best premium at best strikes possible on both sides of
the cover call or cash secured put.
Speaker 2 (07:30):
Okay, so no, it's this one.
Speaker 1 (07:33):
Is a little bit above decently above. It's two and
three hundred day moving average. I definitely might put is
a little bit more on the aggressive side, but I
had a thousand bucks needed to deploy it. And Ford
is definitely not a company that I am upset holding
because of the amazing, amazing dividend that we.
Speaker 2 (07:48):
Get from them.
Speaker 1 (07:48):
Moving on to the next one, also one of the
big ones in the public portfolio, down three percent today.
Coming back to reality, Yes, man, this is I did
a video on this recently about the importance the importance
of closing your cast secured puts, and I'm so glad
it was documented on camera, and it's so fun for
(08:11):
me to do these actually with the live portfolio. So basically,
we opened cast secured puts like right around this area,
right and then ten days later it like shot up.
Actually I think we opened them right here on this
drop that we took. We took a big tumble here
and then I kind of was patient. I was like whatever,
I'm just getting into it. And then we shot up
like twelve percent and then we I was like, you
know what, I'm closing this thing out. I think this
(08:33):
is the twelve percent run, if not even more on
American airlines is way overblown. One of my favorite reel
strategy socks and what do you know, good thing we
did it because we have a nice three percent drop
today on American Airlines. And guess what, You're gonna come
back down American Airlines And guess so, I'm gonna open
some more cast secured puts on you, and then I'm
just gonna rinse and repeat. Okay, And if you guys
(08:55):
don't know what I'm talking about, I know I presasure
have said this. Click the first thing in description of
today's here to learn about the ARC options strategy, or
if you're somebody that runs the Wheel strategy, plug the
holes in your wheel strategy because you.
Speaker 2 (09:05):
Are a leaky bucket.
Speaker 1 (09:07):
And you also learn more about our mastermind and mentorship
program down there if you want to join an incredible
group of investors doing this day in and day out,
talking all day through it. Next one is Jet Blue,
also in the obviously an airline. This one's more on
the cheaper end. You could see a similar chart to
American Airlines here. It's been kind of going sideways and
kind of shot up and now it's working its way
(09:28):
back down.
Speaker 2 (09:29):
This is definitely more of a riskier one.
Speaker 1 (09:33):
If I have the cash and I'm getting to American
air I'm going to American Airlines or Southwest. I'm usually
going almost nine out of ten times I'm going to
American airlines.
Speaker 2 (09:41):
You'll see there's a lot of these airlines.
Speaker 1 (09:44):
Unless there's very specific stuff that comes up about them.
Speaker 2 (09:47):
They kind of move similarly right in a way. Right.
Speaker 1 (09:51):
Obviously that's not always true and that's a blanket statement,
but they do right. So you could see this shot
up above its top bowling your band, which you know,
as we usually see, is a short lived on either
end of it and usually just kind of go sideways here,
which is fantastic for us. I mean the spread is
kind of big, but still it's you know, not not massive.
I mean it's five point forty down to you know
(10:12):
three around four right there. So that's great honestly for
wheeling and DLAN. So, you know, great one, especially if
you're on a bigger budget and you just want to
like try it out, you know, try the wheel stride
you out with five hundred bucks. Jeff Blue, Honestly, I
really like it. Next one is Canagar Brands. I have
not jumped into this one yet, but it is on.
Speaker 2 (10:29):
My watch list.
Speaker 1 (10:30):
I want these premiums juice here, I want these premiums better.
I'm looking at nineteen dollars puts on this thing because
it's just an absolute falling knife.
Speaker 2 (10:37):
But they're still not there.
Speaker 1 (10:39):
Yeah, even when I was towards the bottom of the
Bowlinger Man, they just weren't there.
Speaker 2 (10:42):
This thing has been just getting beat down, just beat
beat down.
Speaker 1 (10:46):
And I love when things are getting beat down because
I'm getting usually a better premium because essentially I'm selling
insurance and I'm well below the two and three inchred
day moving averages. But again, the premiums just haven't been
in there, but I'm hoping they will be. We're kind
of still right in that forty seven RSI middle bowl
in your band area. We're just gonna have to see
what happens with this one. The premiums were decent around
(11:08):
when it was around eighteen, but I did not have
the capital at that point to jump into anything. But
I'm watching it decent dividend as well, and honestly, I
think a great company with a great portfolio of brands.
Speaker 2 (11:20):
As you guys know if you tune in here regularly.
Speaker 1 (11:22):
I love companies that own a lot of brands, consumer
staple products, products that me, you, all of us have
in our house. Next one quickly got a gloss over
at SOFI enough said, I mean, I do love it.
I still love Sofi. I just need this thing keep going.
Let's go, keep seeing more red, keep seeing more red.
Let's get back towards that bottom bowling your band are.
Let's get to sixteen guys, let's get that back down
to sixteen on SOFI. I love this company so much.
(11:43):
I'm so bullish on SOFI, but I do want us
to see us come back down to reality a little
bit more so I can actually run some cash secured
puts on.
Speaker 2 (11:51):
This.
Speaker 1 (11:52):
Next one is Carnival. Man, this was a banger during COVID.
I don't know about you guys, but COVID it was
so fun for me with airlines and with cruise ships.
Oh my gosh, so fun. Haven't traded this one in
a bit, but has just caught my area. I did
miss a good setup on it earlier in the week.
Speaker 2 (12:11):
Look at that.
Speaker 1 (12:12):
That would have been a a You gotta have gotten
in and out of that pretty pretty quickly. The reason
for this is it's just been on too big of
a tear, like so many companies have been. But I
hope we see it pull back back down to like
a twenty four area, and then I'll be jumping into
some cast secure puts with this.
Speaker 2 (12:28):
Next one is Pfiser.
Speaker 1 (12:29):
Pfizer, Say what you will about the company, but you
know this is a great dividend pire and just kind
of been not really doing much lately, kind of just
playing in this, you know, below the two and three
enter moving average area recently and just ping ponging. I
like this, I like ping ponging back and forth. I'm
selling my covered calls, selling my cast scared parts, and
closing out either way. So a great one for the
(12:51):
arc option strategy. A kind of a different one that
came up on my radar here is Moderna. This one
came up on my screen are actually a few days
ago and has also just been just really going side.
Look how tight the Bolinger bands here are on this
and well below two and three hundred day moving averages
and just at that bottom a bolinger band area. I've
(13:12):
not pulled the trigger on this just yet, but I
was very close to on the public portfolio, so stay
tuned on that. If we continue to see this thing
drop further, I plan to definitely take a look at
some cast secure puts. And lastly is atn T. Not
much to really say about AT and T, one of
the more popular wheel strategy stocks. And also because we
(13:32):
kind of just ping pong back and forth in this
Bolinger band area. But it is nice to see AT
and T steadily climbing because this thing has been it's
been a wild ride for me over the years trading
AT and T. Give me an amen if you've been
a dividend investor of AT and T back in the day. Guys,
if you want to learn more about how to sell options,
(13:53):
whether you're looking to just get started or you're looking
to scale, click the first thing in the description of
today's video. It's a thirty minute training that's going to
tell you about the R options strategy. If you like
what you hear, you want to join us inside the
mastermind and Mentorship. You'll be able to book a free
call with us. Two requirements. You're not a toxic person.
We speak to everybody we join. It's not a high
pressure sales tactic. It's just the reality of the situation.
We want to make sure that our environment is cool
(14:15):
people that would actually get together in real life and
have good conversations, believe it or not. Number two, you
got to be financially stable. At the end of the day, guys,
you need money to make more money, and this is
what this strategy is. So click that first link in
the description of today, So you guys remember, sell options,
collect periums, repete.
Speaker 2 (14:29):
I'll see all tomorrow
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