A course in premium-income options

Get paid to wait. Then get paid again.

Options & Go teaches three strategies for generating steady income from stocks you already want to own: covered calls, cash-secured puts, and the cycle that combines them — the wheel.

Illustrative trade log, for teaching purposes only — not a record of real trades.

Why premium, not prediction

Time decays on a schedule. That's the edge.

Every option loses extrinsic value as it approaches expiration — and that decay isn't linear. It's slow with months left on the clock, then accelerates hard in the final few weeks. Sellers of options are on the receiving end of that decay instead of fighting it.

Covered calls and cash-secured puts don't require guessing which direction a stock moves next week. They require picking a price you're comfortable owning or selling at, and getting paid up front to make that commitment. The wheel just repeats the process on a loop.

Value Expiration 90+ DTE theta accelerates ~30–45 DTE

An option's extrinsic value decays fastest in its last 30–45 days — the zone premium sellers are positioned to collect.

Curriculum · 3 modules

Three strategies, one skill: getting paid for a decision you'd make anyway.

Each module builds on the last. By module three, you're not learning a new strategy — you're learning how the first two chain together.

MODULE 01

Covered Calls

Sell someone the right to buy stock you already own, at a price you'd be happy to sell at, by a date you choose — and keep the premium no matter what happens.

  • Picking a strike above your cost basis
  • Choosing expirations for consistent monthly income
  • What happens on assignment vs. expiration
Example (hypothetical):
Own 100 XYZ @ $50.00
Sell 1 XYZ 30d 55C @ $1.20
Collect: +$120 · Max gain if called: $620
MODULE 02

Cash-Secured Puts

Get paid to place a limit order. Sell a put on a stock you'd actually want to own, set aside the cash to buy it, and collect premium whether or not you're assigned.

  • Sizing positions so assignment is fully funded
  • Setting a strike at your real buy price
  • Rolling vs. accepting assignment
Example (hypothetical):
Sell 1 XYZ 30d 45P @ $0.95
Cash set aside: $4,500
Collect: +$95 · Effective buy price if assigned: $44.05
MODULE 03

The Wheel

Chain modules one and two into a continuous cycle: sell puts until you're assigned shares, then sell calls against those shares until they're called away — then start again.

  • Choosing "wheel-able" stocks you don't mind holding
  • Managing the cycle across a full rotation
  • Tracking net premium across assignments
Example (hypothetical):
Put premium + call premium
across one full rotation:
+$95 then +$120 · before any share gain
The mechanics

The wheel is just modules 01 and 02, on repeat.

Four steps, then back to the start. Nothing exotic — the entire strategy is a loop between owning cash and owning shares.

1

Sell a cash-secured put

On a stock you want to own, at a strike you'd want to pay.

2

Assigned → own shares

If the stock falls below strike, you buy 100 shares — at a discount, net of premium.

3

Sell a covered call

Against those shares, at a strike you'd be glad to sell at.

4

Called away

Shares sell at strike, premium's already banked. Cash again — back to step one.

repeat
Track record

The real numbers go here.

This site doesn't publish trading statistics that haven't been verified. Before this goes live, drop in your actual figures below — only replace what you can stand behind.

Placeholder · edit before publishing

One figure below is filled in from what's been confirmed. The rest stay as brackets — swap each for a real, checkable number, and if it can't be verified against your own brokerage statements, leave it out rather than estimate it.

1 yr
Actively trading options
$[    ]
Total premium collected to date
[  ]%
Win rate on closed positions
[  ]
Full wheel rotations completed
SS

Shrey Surana

Instructor · Options & Go
About the instructor

Shrey Surana started the way a lot of options sellers do: basic day trades, learning mostly by doing, while building up enough capital to work with. Once there was real capital behind it, the approach shifted — selling cash-secured puts on stocks worth owning, which rolled naturally into covered calls once shares landed. A year in, that's turned into a steady weekly rhythm: premium coming in on a schedule, and cash freeing up fast enough to keep putting back to work.

The names in regular rotation are the high-implied-volatility ones where the premium actually justifies the risk — think RKLB, CRWV, SPCX, OKLO, and SNOW. That same discipline around capital — know what you're committing, know what you get paid for committing it — comes from running two very different operating businesses day to day.

RKLBCRWVSPCXOKLOSNOW
CRS Marble & Granite
Wholesale natural stone distributor, Austin, TX
Pickles and Play
Indoor pickleball facilities, North Carolina
Get in touch

Interested in the course?

Options & Go is launching its first cohort soon. Reach out to be notified when enrollment opens.

hello@optionsandgo.com