Cash-Secured Puts vs. Covered Calls: What are They? And How I Use Each to Generate Income

Wheel Strategy? Cash-secured puts? Covered calls? What is all this?

I’ve talked a lot about generating monthly income by using the Wheel Strategy - centered around options trading and cash-secured puts and covered calls. OK Hung, great, but I’m new to all this, what the hell are you talking about? What are these terms? If you fall into that category, no sweat! I’ll try my best to run down the basics.

When most people hea…