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Adam Mesh Won't Run the Wheel on Micron. He'll Do It All Day on a $20 Stock.

NowPress play to follow along0:00 / 11:51
Chapters7 segments · tap to seek
ticker lesson

Breakdown

0:00lesson

Market volatility and strategy focus

  • Markets at all-time highs with 1% dips
  • Avoid overreacting to short-term moves
  • Focus on long-term market dynamics
1:49lesson

Options trading strategy: premium collection

  • Prioritize collecting premium
  • Aggressively attack cost basis
  • Use diagonal calendars to finance trades
3:27lesson

Wheel strategy risk management

  • Avoid naked calls due to infinite risk
  • Accept finite risk with put selling
  • Prioritize liquidity in lower-priced stocks
5:06BWA· ticker

Borg Warner — cost basis reduction

  • Sold 6555 put for July 17th
  • Owned 300 shares at 6470
  • Sold 6750 call for $4
7:18WLF· ticker

Wolf — put roll strategy

  • Sold 2623 put for 90s
  • Rolled to 20 by 11 spread
  • Adjusted cost basis to $1820
9:16lesson

Earnings report impact analysis

  • Tesla's earnings affect data storage
  • Service Now's performance impacts services sector
  • Prioritize stocks with market-wide implications
11:07lesson

Trading psychology and discipline

  • Avoid emotional decisions during dips
  • Accept partial losses for long-term gains
  • Stick to predefined risk parameters

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