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.
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.
An option's extrinsic value decays fastest in its last 30–45 days — the zone premium sellers are positioned to collect.
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.
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.
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.
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.
Four steps, then back to the start. Nothing exotic — the entire strategy is a loop between owning cash and owning shares.
On a stock you want to own, at a strike you'd want to pay.
→If the stock falls below strike, you buy 100 shares — at a discount, net of premium.
→Against those shares, at a strike you'd be glad to sell at.
→Shares sell at strike, premium's already banked. Cash again — back to step one.
Figures below reflect a year of active covered call, cash-secured put, and wheel trading.
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. Over 100 full wheel rotations in, the discipline is the same every time: know the strike you're comfortable with before the trade goes on, not after.
Options & Go is launching its first cohort soon. Reach out to be notified when enrollment opens.
hello@optionsandgo.com