If I had $75,000 and I wanted to keep my trading strategy really...
Coach Mak | Know Your Money@WealthCoachMak
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Aug 23, 2026
~1 min read
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1
If I had $75,000 and I wanted to keep my trading strategy really simple with not much time and effort?
I would pick 1 HIGH quality stock
$AMZN
Here would be my system:
I would pick 1 HIGH quality stock
$AMZN
Here would be my system:
2
I would spend ~ $15,000 to BUY 3 LEAPS Call Options
Delta 0.60
December 2028 expiry
Strike Price: $300
$AMZN
Delta 0.60
December 2028 expiry
Strike Price: $300
$AMZN
3
I would use the wheel strategy to sell Cash Secured Puts and Covered Calls WEEKLY
Delta of 0.22 to 0.30
2 contracts
Collateral needed: ~ $50,000
This would generate a weekly income of ~ $320
$AMZN
Delta of 0.22 to 0.30
2 contracts
Collateral needed: ~ $50,000
This would generate a weekly income of ~ $320
$AMZN
4
Out of those 3 LEAPS Call Options I would use 2 contracts to sell Covered WEEKLY
At a very low delta of 0.08 to .15
Idea would be to keep rolling these over if
$AMZN keeps going up
This would generate about ~ $80 weekly income on average
This would require about $6,000 extra capital since you are selling CCs below the strike of the LEAPS
At a very low delta of 0.08 to .15
Idea would be to keep rolling these over if
$AMZN keeps going up
This would generate about ~ $80 weekly income on average
This would require about $6,000 extra capital since you are selling CCs below the strike of the LEAPS
5
This would generate a weekly income of about $400
$20,800 annual income
Plus you get pure upside from the LEAPS call option that you are not using to sell CCs
And you also get some upside from the other 2 LEAPS call as long as you sell at a conservative rate
$AMZN
$20,800 annual income
Plus you get pure upside from the LEAPS call option that you are not using to sell CCs
And you also get some upside from the other 2 LEAPS call as long as you sell at a conservative rate
$AMZN
6
This results in more than 23% annualized
PLUS the potential for gains from the LEAPS call
$AMZN
PLUS the potential for gains from the LEAPS call
$AMZN
7
No spreads?
No because that would take more time
Also would require a bit more managing of your options which would require more effort
If you can add a bit of time/effort that adding Put Credit Spreads would make sense
$AMZN
No because that would take more time
Also would require a bit more managing of your options which would require more effort
If you can add a bit of time/effort that adding Put Credit Spreads would make sense
$AMZN
