Topic

Capital

2 entries filed under this topic

Jul 17, 202612 min read

Range band of realistic wheel strategy annual returns from 8% to 25%, with markers for conservative, return-seeking, and margin-using operator profiles and a caution flag on the levered high end.

Wheel strategy returns: realistic expectations for operators

What realistic wheel strategy returns look like: premium yield vs total return, why 20% claims mislead, margin math, and how closed cycles keep score.

PremiumGuard Research Deskwheel strategyincomecapital

Jul 7, 20262 min read

Safe-to-withdraw card showing $4,850 for the month: $6,120 trailing closed-cycle net income minus $1,270 held in reserve, equity base of $104,850 above target.

How much can you actually withdraw from a wheel account?

Premium income is only income if taking it out does not shrink the machine that produces it. A framework for setting a withdrawal amount your equity base can survive.

Michael O'Donnellwithdrawalscapital