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Build Consistent Wealth with Options
A New Mindset for Covered Call and Cash-Secured Put Investors
Dan Passarelli (Author)
9781394361694, Wiley
Hardback, published 13 April 2026
368 pages
23.1 x 16.3 x 3.6 cm, 0.567 kg
A step-by-step guide to market-beating options trading strategies that work in the real world In Build Consistent Wealth with Options: A New Mindset for Covered Call and Cash-Secured Put Investors, experienced trader and author Dan Passarelli shares for the first time a practical, hands-on guide to the popular options trading strategy known as “The Wheel.” Passarelli helps you overcome the most common and daunting obstacles that stand in the way of investors who try this strategy, changes theory into action and reveals the real-world steps to finally make it work for you. The book introduces the “Cycle/Recycle Trade,” a blueprint that turns a nuanced and effective options trading strategy—often praised as beating the trusted buy-and-hold—into repeatable results most miss. Inside the book: Perfect for both retail and professional investors everywhere, Build Consistent Wealth with Options is an incisive, effective manual for the real-world application of options trading strategies that have stood the test of time.
Preface xv Acknowledgments xvii About the Author xix Chapter 1: Alpha and Building Wealth 1 Chapter 2: Deriving Better Tools 13 Chapter 3: How and Why Covered Calls Work 19 Chapter 4: How and Why Cash- Secured Puts Work 35 Chapter 5: Straight- Up OG Covered Call Setups 53 Chapter 6: Cash- Secured Puts: Classic Dish, Special Sauce 69 Chapter 7: Buy- Writes and Opportunistic Improvements on Covered Calls 87 Chapter 8: The Wheel: Where the Rubber Hits the Road 107 Chapter 9: The Cycle/Recycle Trade 121 Chapter 10: Rewiring Your Brain for Investing 137 Chapter 11: Skate or Trade: How Objectives Drive Results 153 Chapter 12: The Trifecta of Analyses 159 Chapter 13: Metrics for Edge and Locking in Advantages 191 Chapter 14: Taxes, Commissions, and Liquidity 221 Chapter 15: Specific Situations and Optimizing for Optionality 241 Chapter 16: Trends and Ends (of Trends) 265 Chapter 17: Skate Objective Cycles 283 Chapter 18: Trade Objective Cycles 301 Chapter 19: How Are You Doing? And Goodbye 319 Notes 329 Index 331
Subject Areas: Finance & accounting [KF]
