The creator mentions Palantir as an example for explaining a call credit spread strategy, indicating a shift from the previous Apple example.
Source Post
Why You Shouldn't Run the Wheel Strategy (This is what to do instead).
Aug 20, 2026
The creator introduces a modified options selling strategy called "Wheel 2.0," which adapts the traditional wheel strategy by incorporating spreads to potentially boost portfolio growth, especially for smaller accounts. The focus is on simplifying the process for traders of all experience levels, emphasizing monthly expirations and out-of-the-money strike prices for selling put options.
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Nvidia is mentioned as a stock that the creator likes and would consider for the wheel strategy.
The creator mentions Nuveen S&P 500 Dynamic Overwrite Fund as an example of an index fund.
Apple is mentioned as an example to illustrate selling an out-of-the-money put option.
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