Selling cash-secured puts
Getting paid to agree to buy a stock at a price you already wanted.
Stop hoping a stock goes up. Get paid to wait for it.
Nickelpie teaches the wheel strategy — selling cash-secured puts and covered calls — in plain English, from scratch. Free calculators, free guides, and honest research on the companies we actually follow.
Educational content only — not investment advice. Options involve risk and are not suitable for all investors.
Learn how option sellers actually make money
Most people buy a stock and hope. Sellers collect cash up front for taking on an obligation they were happy to take anyway. Here is the whole idea, broken into three pieces.
Selling covered calls
Getting paid while you hold shares — and the trade-off nobody mentions.
The wheel, end to end
How the two moves connect into one repeating income loop.
18 free calculators. No signup, no paywall.
Every calculator on Nickelpie is free and always will be.
Wheel Calculator
Model a full turn of the wheel: premium, cost basis, and return on capital.
Compound Interest
See what consistent investing becomes over 10, 20, and 30 years.
Retirement Calculator
Find out whether you are on track, and what changes if you save more.