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Welcome to the Wealth Building With Options Podcast with Dan Passarelli. This podcast is dedicated to making you a calm, consistent and confident options trader. Inside each episode, Passarelli, an options industry veteran, helps you avoid the common mistakes, pitfalls and misconceptions about options trading as a consistent wealth building activity. You will discover actionable strategies to build wealth using assets you may already own. With a primary focus on the traditional “Wheel Strategy,” Passarelli taps his 30+ years as a market maker on the Cboe floor and options educator for investment firms, traders and international governments to make the process simple, straightforward and effective. As a subscriber to the Wealth Building With Options Podcast you will gain the valuable insights only an experienced trader and educator can provide. You’ll discover the keys to making covered calls and cash-secured puts work for you as a consistent wealth building activity. Whether you are investing in an IRA, a fully funded trading account or are a hobby trader. This is the key to consistent income through options trading.
Episodes
7 days ago
7 days ago
In this episode of Wealth Building with Options, host Dan Passarelli explores one of the most powerful, yet often overlooked, concepts in successful trading: edge. Whether you're seeking an advantage like a card counter at the blackjack table or building consistency through disciplined investing, edge—the measurable statistical advantage—is what separates consistent winners from the rest.
What You'll Learn in This Episode:
- What edge really means in trading and how even a small edge can compound into powerful long-term results
- The three primary sources of edge every options investor needs to understand:
- Fundamental analysis (PE ratio, price-to-book, operating yield, current ratio)
- Technical analysis (support, resistance, moving averages, volume)
- Volatility analysis (historical vs. implied volatility, vertical skew, term structure)
- Fundamental analysis (PE ratio, price-to-book, operating yield, current ratio)
- How smart investors use support and resistance levels to improve strike selection and time their trades more effectively
- Why volatility pricing can create opportunity if you know how to spot overpriced or underpriced options
- A practical framework for setting strike prices and choosing expirations for covered calls and cash-secured puts
Dan also shares stories from the trading floor and insights from professional mentors, blending theory with real-world examples in a way that brings clarity to complex topics.
Resources Mentioned:
- The Intelligent Investor by Benjamin Graham
- Buffettology by Mary Buffett
- How to Read a Financial Report by John and Tage Tracy
Final Thoughts:
Even a 1–2% edge can significantly improve your trading outcomes—especially when compounded over time. Dan explains how mastering these analytical tools can help you trade more confidently and profitably, while avoiding common mistakes.
Subscribe to the show to catch Episode 22, where Dan dives deep into buy-writes and how to maximize capital efficiency using this foundational strategy.
To support the show and get access to exclusive episodes, trade breakdowns, and AMAs, visit:
wealthbuildingwithoptions.substack.com
Options involve risk and are not suitable for all investors. Please review the Characteristics and Risks of Standardized Options before trading.
To learn more about Dan Passarelli and the Market Taker Mentoring community, visit MarketTaker.com
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