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    Categories>Finance & Economics>Die Wheel-Strategie: Passives Einkommen durch Optionen erklärt

    Die Wheel-Strategie: Passives Einkommen durch Optionen erklärt

    27 min
    |
    |
    May 3, 2026
    FinanceBusinessEconomics

    Erfahren Sie, wie die Wheel-Strategie durch Cash Secured Puts und Covered Calls passives Einkommen an der Börse ermöglicht. Eli erklärt Lena die Grundlagen.

    Die Wheel-Strategie: Passives Einkommen durch Optionen erklärt

    Best quote from Die Wheel-Strategie: Passives Einkommen durch Optionen erklärt

    “

    Die Wheel-Strategie ist im Grunde eine doppelte Miete: Man wird erst dafür bezahlt, dass man bereit ist, eine Aktie zu einem Wunschpreis zu kaufen, und anschließend dafür, dass man bereit ist, sie wieder zu verkaufen.

    ”

    This audio lesson was created by a BeFreed community member

    Input question

    Die Wheel Strategie für Optionshandel ausführlich und anwendbar erklärt

    Host voices
    Lenaplay
    Eliplay
    Learning style
    Fun
    Knowledge sources
    Die Wheel Strategie: Erklärung und Praxistest!
    link
    https://aktienbaum.de/optionen/wheel-strategie/
    Wheel Strategie – Bring das Rad ins Rollen!
    link
    https://ezzy.io/optionshandel/wheel-strategie/
    WHEEL-Strategie - DGV-Invest
    link
    https://www.dgv-invest.de/wheel-strategie/
    Die Wheel Strategy für Optionen: eine Cashflow Maschine
    link
    https://cashflowmitoptionen.de/stillhalter-strategie/wheel-strategy/

    Frequently Asked Questions

    Die Wheel-Strategie ist eine systematische Methode an der Börse, um durch einen ewigen Kreislauf aus zwei grundlegenden Werkzeugen des Optionshandels Cashflow zu generieren. Wie Eli im Gespräch mit Lena erklärt, werden hierbei der Cash Secured Put und der Covered Call miteinander verknüpft. Man nennt es „Wheel“ oder „Rad“, weil diese Strategien nacheinander weggespielt werden, um insbesondere in Seitwärtsphasen oder bei leichter Aufwärtsbewegung von der impliziten Volatilität zu profitieren.

    Ja, das Ziel der Wheel-Strategie ist es, regelmäßiges passives Einkommen durch Optionsprämien zu generieren. Laut Eli funktioniert dies besonders gut, wenn der Markt sich seitwärts bewegt oder leicht steigt und eine hohe implizite Volatilität aufweist. Es ist jedoch kein magischer Gelddruckautomat, da der Erfolg stark von der zugrunde liegenden Aktie abhängt. Die Strategie nutzt den systematischen Verkauf von Optionen, um kontinuierlich Cashflow für das Depot zu erzeugen.

    Obwohl die Wheel-Strategie oft als sehr attraktiv dargestellt wird, betont Eli, dass sie nicht ohne Risiko ist. Das Hauptrisiko liegt dabei weniger in der Option selbst, sondern im Basiswert, also der Aktie, die unter der Strategie liegt. Wenn das Fundament der Aktie nicht stimmt, hilft auch der Kreislauf aus Cash Secured Puts und Covered Calls nicht gegen Verluste. Es ist also entscheidend, dass Anleger das Risiko der zugrunde liegenden Wertpapiere genau prüfen.

    Die Stärke der Wheel-Strategie zeigt sich vor allem dann, wenn sich der Markt in einer Seitwärtsphase oder einer leichten Aufwärtsphase befindet. Ein weiterer wichtiger Faktor ist eine hohe implizite Volatilität, da diese die Prämien im Optionshandel beeinflusst. In solchen Marktphasen kann das Rad seine volle Wirkung entfalten, egal ob die Aktie leicht steigt oder sich kaum bewegt, was sie zu einem interessanten Werkzeug für den systematischen Cashflow macht.

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    Key Takeaways

    1

    Das Rad, das Geld druckt – oder?

    2

    Die vier Phasen der unendlichen Rendite

    3:40
    3:57
    4:28
    4:32
    5:12
    5:29
    6:00
    6:11
    3

    Timing ist alles – oder warum die erste Stunde gefährlich ist

    6:47
    7:11
    7:46
    8:03
    8:41
    9:05
    9:44
    4

    Wenn das Rad im Schlamm stecken bleibt

    10:06
    10:32
    11:11
    11:22
    11:55
    12:13
    12:56
    13:14
    5

    Der psychologische Trick mit dem „Adjusted Cost Basis“

    13:54
    14:17
    14:54
    15:10
    15:45
    16:03
    16:39
    16:55
    6

    Die Werkzeuge des Handwerks – Broker und Griechen

    17:36
    17:54
    18:26
    18:37
    19:14
    19:24
    20:05
    20:16
    7

    Ein kompletter Durchlauf – von Apple bis zum Cashflow

    20:54
    21:12
    21:43
    21:56
    22:17
    22:24
    22:59
    6:11
    23:51
    8

    Unterm Strich – Das Rad als Lebenseinstellung?

    24:12
    24:34
    25:09
    25:35
    26:09
    26:33

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