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Parsimony Research provides options income research, tools and analysis to investors who subscribe to Option Income Advisor. The Triple Income Wheel strategy (cash-safe put options and covered call options) will help you generate more income with less downside risk (compared to a traditional dividend-paying stock portfolio). YouTube: Triple Income Wheel
Disclosure: I/we have an advantageous long position in the shares of CAT, GS, ABBV, INTC, QCOM, either through equity ownership, options or other derivatives. I wrote this article myself, and it expresses my own opinions. I don’t get any compensation for this (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: The information contained in this presentation is for informational and educational purposes only and is not intended as a recommendation of the securities highlighted or any particular investment strategy; nor should it be considered a solicitation to buy or sell securities. The strategies and securities mentioned in this Presentation may not be suitable for all types of investors and the information contained in this report does not constitute advice. Past performance is not indicative of future results. Options involve risk and are not suitable for all investors. Before buying or selling an option, a person should receive a copy of the Characteristics and Risks of Standardized Options. Copies of this document can be obtained from your broker.