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Learn · Wheel · Step 1 of 5 · Learn home · Prev: Using BigDipperOptions · Next: Module 1 — The Wheel Strategy You finished Foundations. This track teaches the wheel as a research-and-management process—plain language first, platform tools when you are ready.
BigDipperOptions helps you research. It does not give specific buy/sell recommendations. Chart prices are delayed—Delayed Data Disclaimer.

Five steps

UI reference (Module 3): Wheel Page Guide Total: ~8–12 hours with Wheel page practice and the paper capstone.

How to progress

  1. Module 1 — understand the wheel strategy (watch the videos)
  2. Module 2 — print the cheat sheet; use it on every new ticker
  3. Module 3 — Wheel Page Guide open beside the app; compare 3, reject 2
  4. Module 4 — learn management rules and the journal, then complete the paper capstone (your first put cycle)

Mindset before Module 1

  • Only wheel names you are genuinely willing to own
  • A great company can be a terrible wheel candidate
  • When options pay more (often because the stock looks volatile), the stock can also be riskier if you end up owning it
  • BigDipperOptions narrows choices; you decide with live broker prices
  • Called away is often success—not failure
  • Reject most ideas—that is the skill

Next: Module 1 — The Wheel Strategy