The Option Premium: Total Access

Each of the three services at The Option Premium teaches one way to sell options premium. The Income Foundation teaches the Wheel: cash-secured puts and covered calls on stocks you want to own. Wealth Without Shares teaches the Poor Man's Covered Call: the same exposure for a third of the capital, with the risks that come with leverage taught alongside it. The Implied Perspective teaches defined-risk premium selling: credit spreads, iron condors, and jade lizards placed outside the expected move, with published rules for what happens when the market disagrees.

Any one of them is a complete education in its strategy. What none of them can teach alone is how the three fit together, and that is the part that separates a person who trades options from a person who runs an options portfolio.

The Wheel needs a market that is not falling hard. Premium selling outside the expected move needs volatility that is rich enough to pay you. A PMCC needs a stock you are willing to hold through a bad quarter. No single strategy works in every environment, and anyone who tells you theirs does is selling something.

Run all three, and the portfolio has a job for each condition. When volatility is compressed and credit spreads pay too little, the Wheel is still collecting on quality names. When a stock you own through a LEAPS goes nowhere for months, the short calls against it are still paying. When the market gets violent and assignments pile up, the standing VIX hedge in The Implied Perspective is doing what it was bought to do. And when you see the same week's volatility reading applied to three different strategies at once, you learn something no single service can teach: how a professional decides where the capital goes.

I have been trading options professionally for more than 24 years, most of them alongside one of the original CBOE market makers, and I have never run one strategy in isolation. Total Access is the version of this platform that matches how I actually trade.

Every model portfolio across the three services, tracked position by position from entry to exit, losers included. Every trade alert, by email and on the web, with strikes, expirations, prices, and the reasoning that is the actual product. Every weekly issue: the Wheel portfolio commentary, the five PMCC portfolio updates with weekly research and new ideas, and the full Implied Perspective issue with The Implied Truth watchlists, the weekly educational topic, and the earnings season reports.

Every research report and strategy guide across the platform, on implied volatility, expected move, LEAPS selection, position sizing, capital allocation, and earnings volatility. Every risk tracking spreadsheet I use to monitor exposure, so you can run the same math on your own account.

The courses. Structured, start-to-finish courses on the strategies the services run, built for someone who wants to learn a strategy properly before following it live. Where the weekly issues teach through what happened this week, the courses teach in order, from the first concept to the full process.

The webinars. Live sessions where I walk through the portfolios, review the month's trades including the ones that did not work, cover how capital is allocated across the three strategies, and take questions. Recorded, so the teaching is there whether or not you attend.

The members' forum. Premium selling is a lonely way to trade, especially in the week a position goes against you and every instinct says to do something clever. The forum is where members ask what I would do with a position on their own stock, compare notes across strategies, and work through assignments and adjustments together. I am in there answering, and so are people a few cycles ahead of you.

These are not available on any single-service subscription. They are the reason Total Access exists as a tier rather than a discount.

It is not a way to make money in every market. Each strategy has an environment where it struggles, and running three of them does not remove that. It gives you a process for deciding which one to lean on, which is a different and more useful thing.

It is not a set of recommendations. Every portfolio is a model, managed in the open, so you can learn the process and run it on your own account.

It is not for someone who wants to follow alerts without the education. If that is what you want, any of the single services will frustrate you, and this one will frustrate you three times over.

Traders who want to build a real options portfolio rather than run a single strategy. Anyone already subscribed to one service who keeps wondering what the other two would do with the same week. People who want the courses, the webinars, and the forum, which are only here.

$149 per month, or $1,495 per year, which saves you almost three months against the monthly price. Your rate is locked for as long as you remain a member. I have never raised the price on an existing subscriber and I do not intend to start.

Every position in every portfolio, including the losers, is documented for members from entry to exit. If you want to see how the three strategies read side by side before committing, the free Sunday newsletter links to all three publications every week.

The Option Premium is an educational publication. Nothing here is investment advice or a recommendation to buy or sell any security. Options involve risk and are not suitable for every investor. Do your own research before placing any trade.