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Build Consistent Wealth with Options

Dan Passarelli

BeginnerCovered callsOption selling

Our verdict

Dan Passarelli, a former CBOE market maker and the author of Trading Options Greeks, explains covered calls and cash-secured puts and how traders combine them into the strategy known as the wheel. It works through practical trade scenarios and position management, including his Cycle/Recycle approach. For newer options investors who want a hands-on introduction to these two strategies.

Who it's for

  • Beginner readers interested in Covered calls and Option selling.
  • Traders building a shelf around income / selling premium.

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  • You need a different format or edition than the Hardcover listed here.
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This page summarizes why Build Consistent Wealth with Options belongs in our catalog. A full chapter-by-chapter review is planned; until then, use the verdict above and related picks below to decide whether it fits your stack.

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Julia Spina, an options strategist who has worked on tastytrade's research team with a physics background, wrote this 2024 book with tastytrade founder Tom Sosnoff. It teaches options through probabilities, position sizing and risk, with data-driven examples. For beginners who like a quantitative approach.

Options

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