The Wheel Strategy: A Smarter Way to Buy Stocks with Options

Tony Zhang
by Tony Zhang,
Chief Strategist, OptionsPlay

The Wheel Strategy is one of the most popular options income strategies for long-term investors, but Tony Zhang shows it’s also a smarter way to build stock positions. In this Options Education webinar, he demonstrates how to use the StockCharts + OptionsPlay workflow to identify quality stocks and ETFs, sell cash-secured puts to enter positions, and generate repeatable income with covered calls. You’ll learn how the Wheel Strategy works, how to evaluate candidates, and how to create a disciplined, repeatable options process without chasing trades.

This video was originally posted on August 12, 2026.

Options Trading Strategies ETFs Tips & Tricks
Tony Zhang
About The Author:

Tony is the Chief Strategist at OptionsPlay, where he and his team have created a uniquely powerful product suite for options trading and analysis. He has developed and managed many of the firm's partnerships including Nasdaq, Fidelity and Schwab. Learn More 

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