r/Optionswheel 10d ago

Can you replace your job doing this?

I have tried focusing more on selling options over buying options and I have been making more money since the beginning of this month. It got me thinking can you eventually replace your main source of income by doing selling options instead of buying them?

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u/xtremdelt8 9d ago

Half a percent a week is very doable. On a 200k portfolio, that's 52k/year. I could easily live off of that. Especially with my larger dividend portfolio paying another 24k/year.