My #1 Indicator for Selling Puts & Calls (RSI Explained)
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Most option sellers lose money because they enter trades based on "feeling" rather than statistical probability, often selling puts right before a stock continues to crash. In this video, I reveal exactly how I use the Relative Strength Index (RSI) on the daily timeframe to pinpoint the precise moment a stock is "oversold" and ready for a safe entry. By waiting for this specific signal, you stop chasing price action and start forcing the market to come to your levels, drastically increasing your win rate on cash-secured puts and covered calls.
🚨Get Trade Ideas & Market Updates: 👉 https://theweeklywheel.beehiiv.com/
Most option sellers lose money because they enter trades based on "feeling" rather than statistical probability, often selling puts right before a stock continues to crash. In this video, I reveal exactly how I use the Relative Strength Index (RSI) on the daily timeframe to pinpoint the precise moment a stock is "oversold" and ready for a safe entry. By waiting for this specific signal, you stop chasing price action and start forcing the market to come to your levels, drastically increasing your win rate on cash-secured puts and covered calls.
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