Olivia
Online
Rolf Strasse | "Financial Freedom Books" Series
@RolfOptions
|| "Financial Freedom Books" Series Author || Anti-Poverty || Options Trader || Long Term Investor || FREE articles and more ||
All My Books Here π
Joined January 2021
256 Following
13.9K Followers
25.9K Posts
Β Pinned Tweet
5 books. Practical paths to Financial Freedom
1: How markets and the Wheel actually work
2: Advanced Options that build real cash flow
3: Beat the money myths in your own head
4: From $500 to Free, Sarah's real story
5: Turn your Retirement Accounts into a Paycheck
Buy index/sector ETFs, buy good companies, hold them, reinvest the dividends. That's it.
You don't need to be clever or outsmart the market. Simple works.
How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
"Only use PMCC on underlyings you're structurally bullish about. The decay requires upward drift to compensate."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
I sell cash-secured puts and run the Wheel every single week. Have for years. Boring pays.
But it took me 30 years and hundreds of thousands in losses to learn what actually works.
So I wrote it all down. 5 books. The Financial Freedom Books Series:
1. Poor to Rich
Start here. Compounding, dividends, the Wheel, CSPs and covered calls from zero. Plus my own climb from a job I hated to financial independence.
2. Options Trading A to Z
For when the basics feel easy. Greeks, IV timing, LEAPS, credit spreads, Poor Man's Covered Calls. The roadmap from $50K to $500K.
3. The Mindset That Shapes Real Financial Freedom
Knowing what to do doesn't make you do it. 9 money myths that keep smart people stuck.
4. Sarah's Journey
A dental hygienist. $500 to start. Her first premium: $18. About 5 years later her premiums covered her bills.
5. Turn Your Retirement Accounts Into a Paycheck
50+? Your 401(k) or IRA is the biggest pile you own and it's asleep. Make it pay you weekly and monthly.
Each one stands alone. Together they're the full playbook. Pick the one that fits where you are.
Link to all books in my profile.
Who to follow
Investors quiz:
Person A invests $200/mo from 25 to 35. Then stops.
Person B invests $200/mo from 35 to 65.
Who's net worth is higher?
@NorthOfStrike great action taken. backtesting shows rolling around 6-12 months is the sweetspot
"Roll down and out when challenged if your thesis remains intact, but never more than once or twice per position."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
@christi10006880 excellent, that is why it is necessary to sell puts of those companies or etfs that you are have to own for some time
@BoBbyPleWniaK options sellers dream
"Only deploy call spreads when IV Rank is above 60 and you see clear evidence of rally exhaustion or consolidation."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
@Arzzabar thank you Aritzabar. Something I have in mind for the future
5 books. Practical paths to Financial Freedom
1: How markets and the Wheel actually work
2: Advanced Options that build real cash flow
3: Beat the money myths in your own head
4: From $500 to Free, Sarah's real story
5: Turn your Retirement Accounts into a Paycheck
@cdgod you sell covered calls and generate weekly / monthly cash flow from the stocks you own
"Sell 30 to 45 day calls against the LEAPS just like covered calls. This requires only 20% to 30% of the capital to own shares."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
"Your LEAPS decays $6 to $10 over its life while shares don't. This is the trade-off for capital efficiency."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
You will make mistakes. Everyone does. But mistakes are only failures if you quit.
If you keep going, they become lessons that make you stronger and wiser.
How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
How could I have been so reckless with money I worked hard to earn?
But now, years later with perspective and distance, I see those losses completely differently.
How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
"Poor Man's Covered Call: Buy deep in-the-money LEAPS, Delta 0.75 to 0.85, with 12 to 18 months to expiration."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
Premium income can cover monthly bills while your salary stays intact.
They accelerate compounding because every dollar reinvested compounds over time.
How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 8
"Allocate less capital to call spreads, maximum 10% of portfolio at risk, than to put spreads."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
ETFs might pay 2% in dividends, but adding options can boost your total yield to 8% to 14% or more annually.
That's 0.5% to 1% monthly plus dividends. This is how you accelerate compounding.
How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 8
"Never fight strong uptrends just because valuations seem high. Respect momentum even when it seems irrational."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
Options selling is not risk-free, and it requires careful risk management and disciplined execution to avoid the pitfalls that trap most beginners.
But by applying the foundational strategies, you can better control your risk profile.
How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 6
Last Seen Users on Sotwe
Bapakjawacollection
Seen from Indonesia
Malas e flagrasππ
Seen from Brazil
julide.
Seen from Turkey
Carlospaya8
Seen from Spain
alpha 777
Seen from Egypt
Sokmydih
Seen from France
Old Vibes
Seen from Turkey
Trans girl
Seen from Turkey
manusia_impulsif
Seen from Indonesia
trai ΔΓ’m tΓ¬m chα» lα»n tuα»i
Seen from Vietnam
Most Popular Users
Elon Musk
@elonmusk
241.5M followers
Barack Obama
@barackobama
118.8M followers
Cristiano Ronaldo
@cristiano
114.5M followers
Donald J. Trump
@realdonaldtrump
111.9M followers
Narendra Modi
@narendramodi
107.1M followers
Rihanna
@rihanna
98.7M followers
NASA
@nasa
92.3M followers
Justin Bieber
@justinbieber
91.8M followers
KATY PERRY
@katyperry
90M followers
Taylor Swift
@taylorswift13
84M followers
Lady Gaga
@ladygaga
75.5M followers
Virat Kohli
@imvkohli
73.5M followers
Kim Kardashian
@kimkardashian
70.9M followers
YouTube
@youtube
68.8M followers
Neymar Jr
@neymarjr
66.5M followers
Bill Gates
@billgates
65.3M followers
Selena Gomez
@selenagomez
63.1M followers
The Ellen Show
@theellenshow
62.2M followers
CNN
@cnn
61.7M followers
X
@x
60.7M followers