Wealth Building With Options

In this episode, Dan dives into a powerful but often misunderstood options strategy: the cash-secured put. Often considered the sibling of the covered call, this strategy blends the best of investing discipline with the premium-collecting power of options trading. What You’ll Learn: Why Dan used to hate cash-secured puts—and what changed his mind How selling puts can feel like setting a “limit ord...

Episode Summary: In this special episode, Dan Passarelli is joined by longtime friend and options expert Russell Rhoads—Associate Clinical Professor at Indiana University, former CBOE educator, and seasoned trader. They dive deep into real-world options education, covering everything from teaching college students about derivatives to building structured outcomes with options. Topics Covered: Why...

Welcome back, Wealth Builders! In this episode, Dan Passarelli takes a deep dive into why covered calls continue to outperform the market over time—but only when done right. If you've ever wondered what gives covered calls their edge, this is your episode. Key Topics Covered The Truth Behind Covered Calls: Why the strategy works statistically—but why most investors still fail with it. The Option G...

Episode Summary: In this eye-opening episode, Dan Passarelli challenges the common misconceptions surrounding covered calls. While most traders focus on “why” covered calls work, Dan flips the script and digs into the false narratives and misguided logic that lead investors astray. Dan explains why some of the most popular justifications for trading covered calls are intellectually lazy—and how ov...

Episode Summary: In this special Thought Leader Series episode of Wealth Building with Options, host Dan Passarelli sits down with longtime friend and industry veteran Greg Stevens, Vice President of Options Strategy at Fidelity Investments. With nearly 30 years of experience across firms like Charles Schwab, the CBOE, and now Fidelity, Greg shares how the options trading landscape has evolved and...

Episode Summary: In this meaty episode of Wealth Building with Options, host Dan Passarelli breaks down one of the most powerful strategies for investors—covered calls. Whether you're a beginner looking to understand the basics or an experienced investor searching for new insights, this episode dives into the mechanics of covered calls, why they work, and how to use them effectively to enhance por...

Episode Summary: In this episode of Wealth Building with Options, host Dan Passarelli explores the foundational concepts of options trading. Using relatable analogies, Dan breaks down the mechanics of options, explaining calls, puts, and their practical applications. Additionally, he discusses how options function as financial tools for risk management, investment growth, and wealth protection. Sp...

Episode Summary: In this special guest episode of Wealth Building with Options, host Dan Passarelli sits down with Mark Benzaquen, a principal at the Options Clearing Corporation (OCC). Mark shares his journey from the trading floor to investor education, shedding light on the critical role of the OCC in the options trading ecosystem. This episode dives into key aspects of options trading, risk ma...

Episode Summary In this episode, Dan Passarelli explores how wealth is created in the stock market and how the stock and options markets intertwine to generate opportunities beyond a zero-sum game. He discusses the fundamental differences between stocks and options, the role of market makers, and how investors can leverage options for long-term wealth creation. Along the way, he shares insights in...

In this episode, we kick off the podcast by tackling a fundamental question: Why should you focus on building wealth? Some say “money is the root of all evil,” but the truth is, money is just a tool—one that can help you achieve what truly matters in life. Whether it’s financial security, supporting loved ones, or pursuing your dreams, having more wealth gives you more options and control. We also...

Prologue Episode Summary: Welcome to the inaugural episode of Wealth Building with Options, a podcast that takes you behind the scenes of writing a book on trading strategies and financial growth. In this episode, Dan Passarelli introduces his ambitious new book project, Wealth Building with Options, and explains why he decided to document the journey through a podcast. Dan shares his motivations...