Ever wondered if you could actually generate consistent income through options, even if youâre not a professional trader?
Weâve teamed up with finance creator @yourlobangsis for a 60-day Options Trading Challenge to find out if  she can potentially beat the S&P 500 benchmark performance using a disciplined options strategy. Sheâs putting her own capital on the line to find out, and she's bringing you along for every trade, win or loss.
The Wheel Strategy Audrey is Taking
Audrey is keeping it systematic. After backtesting 14 years of market data, sheâs chosen the Wheel Strategy designed to potentially generate consistent income from stocks or ETFs she is already happy to own.
The Loop:
â Step 1: Sell Cash-Secured Puts. She gets paid an upfront premium to promise to buy a stock at a price sheâs comfortable with.
â Step 2: Get Assigned. If the stock drops, she buys the shares (at that price she was already happy with!) and keeps the premium.
â Step 3: Sell Covered Calls. Now that she owns the shares, she collects another premium by promising to sell them at a higher target price.
â Step 4: Repeat. Rinse and repeat to collect premiums at every turn.

ð Want to master this strategy and start your options trading journey? Check out how to claim your free Options Playbook HERE
How Audrey Uses Moomooâs Options Tools
Even the pros rely on data-backed tools to remove the guesswork. Hereâs how sheâs removing the guesswork with moomoo tools.
1. Strategy Builder: Instead of manual research, you simply input your market outlook, target price, and desired timeframe through a few simple questions. The tool then intelligently recommends the most suitable options strategies, complete with a full profit and loss analysis for each, allowing you to move from idea to execution with confidence. You can see the potential profit, potential losses, probability of profit, and required margin (if any), and these key metrics are presented alongside a visual P/L chart.

(Any app images provided are not current and any securities shown are for illustrative purposes only and is not a recommendation.)
2. Options Price Calculator: Before committing to a trade, she stress-tests the numbers to decide if she's comfortable with the premium she is paying or receiving.
  How it works: By adjusting the target price and the days until expiration, she can see exactly how the premium price fluctuates. Itâs her go-to for visualizing potential outcomes before placing a trade.
Follow Along and Unlock Rewards
Follow us to track Audreyâs 3-part Options video series. Stay updated on her live trade adjustments and final portfolio reflections as the challenge progresses!
Ready to level up your portfolio or need more guidance to build your portfolio skills? Check out how to claim your Options playbook and more perks HERE>

Options trading involves significant risk and is not suitable for all investors. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.Read more
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