Profit Previous Month: 180.00 USD - Profit Current Month: Jul 2026 : 546.00 USD - Updated 28/07/26 - Details in Trade Report
Learn to profit from selling premium
Learn to profit from selling premium
Most Wheel traders think they know their cost basis until cash-secured puts, assignments, dividends, and covered calls start adding up. This article shows how to calculate your true adjusted cost basis step by step using a practical PFE Wheel strategy example.
There’s a mistake I made early on, and I still see new traders make it every week: they sell a cash-secured put as close to the stock price as they dare, because that’s where the biggest premium is. Then the stock slips a little, the put goes in the money, and suddenly they’re facing an assignment they never really planned for — on a position…
For the first few months of my options trading journey, I tracked nothing. I had a rough idea of whether I was up or down. I remembered my biggest wins. I forgot most of my losses, or at least the exact details. I knew which stocks I was running the Wheel on, but I couldn’t tell you my real cost basis on any of them,…