Peter Pru | Option Sellers School

The SCHD Covered Call TRAP (Don t Make This Mistake!)


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If you are running the Wheel Strategy on $SCHD and selling calls at-the-money just to chase small monthly premiums, you are actively sabotaging your long-term dividend compounding and risking a massive tax hit. In this video, I break down why mechanical option selling is the wrong approach for core dividend holdings and show you how to use Bollinger Bands to only sell calls when the ETF is statistically extended.
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Peter Pru | Option Sellers SchoolBy Peter Pru