Wealth And Health Podcast

This video critically reviews and debunks the claim made by "Options with Ryan" ‪@OptionsWithRyan‬  about generating $12,000 monthly income via the wheel strategy on SoFi (SOFI) stock. We perform a deep dive analysis, calculating the significant capital ($170k-$380k+) and portfolio concentration required, exposing the unrealistic return percentage (12%+ monthly cash-secured). Critically, we examine visual evidence from Ryan's own video suggesting his $700k portfolio's growth may stem from deposits, not trading profits, pointing out inconsistencies like near-zero balances followed by spikes and numerous underwater positions (-8% to -31%). Learn the potential downsides of the wheel strategy (capped gains, bear market risk), why I prefer selling higher delta puts on quality stocks I want to own, and my thoughts on Ryan's use of technical analysis and LEAPS options (VIX greater than 15 logic questioned). This is essential viewing for anyone considering Ryan's strategy or similar high-income options claims.