Build Consistent Wealth with Options: A New Mindset for Covered Call and Cash-Secured Put Investors - Hardcover

Passarelli, Dan

Hardcover

ISBN 10: 1394361696 ISBN 13: 9781394361694

Verlag: Wiley, 2026

Inhaltsangabe

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:

• A step-by-step guide to building a mindset that nurtures the strengths of probability and edge in your investing
• Expert guidance on setting and achieving objectives
• Hands-on examples demonstrating how to react to common options trading scenarios

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.

Über diesen Titel

Über die Autorin bzw. den Autor

DAN PASSARELLI is the founder and CEO of Market Taker Mentoring, Inc., a leading options education firm. He is a former member and market maker of the Chicago Board Options Exchange and CME Group, where he traded as an equity options market maker and agricultural options and futures trader.

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PRAISE FOR BUILD CONSISTENT WEALTH WITH OPTIONS

“Dan Passarelli has long been one of the options market’s pre-eminent coaches and educators. Many investors have benefited from his expertise that reflects his success as a professional options trader. His book will help investors make better risk-adjusted decisions and thus take better control of their financial futures.”
―STEVEN SEARS, Author, Options Columnist, and Entrepreneur

“Dan Passarelli delivers proven strategies that can transform your financial future. This game changing guide unlocks the power of two of the most reliable options strategies that allow you to generate steady income while managing risk like a seasoned pro. Whether you’re a beginner looking to break into options trading or an experienced investor seeking consistent returns, Passarelli’s clear, actionable approach will give you the confidence and tools to start building wealth today.”
―JENNY ANDREWS, Co-Host of The LIZ & JNY Show on tastylive

“In Build Consistent Wealth with Options, Dan Passarelli successfully weaves trader psychology, rizz, and practicality into a challenging subject matter. Among other variations, he outlines The Wheel strategy―a cycle of selling cash-secured puts and then calls against stock held in a portfolio―without ignoring its pitfalls and complications. I highly recommend this comprehensive, well-organized book for anyone interested in venturing beyond traditional investments in search of potential alpha.”
―CARLEY GARNER, Commodity Author, Broker, and Strategist, www.DeCarleyTrading.com

“There is a misperception that options trading is risky and overly-complicated. But Dan Passarelli cuts through the noise, demystifying classic options income strategies in a compelling and understandable way. If you have a portfolio, then you owe it to yourself to master the income strategies Dan lays out in this book.”
―MARK LONGO, Founder and CEO, The Options Insider

“As a former instructor at the Options Institute at the Chicago Board Options Exchange, Dan has been intimately involved in helping make investors successful through implementing option strategies in their personal investing. This book is a cumulation of his decades of mentoring thousands of traders in the option industry and a must-have for investors considering or using option strategies in their portfolio.”
―RUSSELL RHOADS, PhD, CFA

Aus dem Klappentext

In Build Consistent Wealth with Options: A New Mindset for Covered Call and Cash-Secured Put Investors, experienced trader Dan Passarelli shares the first practical, hands-on guide to The Wheel strategy that actually helps investors succeed. Passarelli, a former member and market maker of the Chicago Board Options Exchange and CME Group and founder of Market Taker Mentoring, addresses the critical obstacles that prevent investors from capturing the proven outperformance of covered calls and cash-secured puts over traditional buy-and-hold strategies.

The book’s three pillars tackle what other books ignore: rewiring your brain for probabilistic thinking about money, establishing clear and grounded objectives through self-understanding, and implementing a step-by-step methodology for every scenario in the author’s original Cycle/Recycle Trade. You’ll discover why human psychology works against success with these strategies and how to overcome loss aversion and pain avoidance mechanisms. Build Consistent Wealth with Options explains how covered calls and cash-secured puts work, presents both classic and alternative setups, and provides comprehensive treatment of The Wheel strategy where theory meets practice.

The book’s centerpiece is the Cycle/Recycle Trade framework, which transforms the nuances of covered calls and cash-secured puts into simple, repeatable actions. Through hands-on examples and detailed scenario mapping, you’ll learn exactly how to respond when specific situations arise, turning what seem like straightforward strategies into a sophisticated wealth-building system. The book also explores synthetic positions and their practical applications, providing tools that go well beyond typical educational materials on these topics.

Perfect for retail and professional investors seeking consistent returns, Build Consistent Wealth with Options delivers the behavioral psychology insights, objective-setting framework, and rigorous methodology that separate successful options investors from those who underperform despite using proven strategies.

Details zur Ausgabe

• Verlag: Wiley
• Erscheinungsdatum: 2026
• Sprache: Englisch
• ISBN 10: 1394361696
• ISBN 13: 9781394361694
• Einband: Gebundene Ausgabe
• Auflage: 1
• Anzahl der Seiten: 368
• Kontakt zum Hersteller: Wiley-VCH GmbH; product_safety@wiley.com; ; Boschstrasse 12; Weinheim; 69469; Deutschland