Peter Pru | Option Sellers School
Business & Finance
About
My name is Peter Pru aka Peter Prusinowski and I help busy professionals build income focused portfolios through options trading, dividends, and smart investing...without the stress or staring at charts all day. I break down complex strategies like my Ark Options Strategy (cash-secured puts, covered calls, dividends, interest, and appreciation sales) in a simple, no-BS way. My goal? To help you take control of your financial future with strategies that actually work. Whether you’re new to options or looking to refine your approach, you’re in the right place. Sell Options. Collect Premiums. Repeat *Not financial advice, just sharing my thoughts*
Episodes
- BUYING & HOLDING NEW High Income ETF! (DUMPING QQQI & JEPQ)
Peter Pru analyzes the new ROCQ ETF, explaining how its structure, using flexible call spreads, aims to avoid the tax inefficiencies of the JEPQ fund when held in taxable accounts.
- How I’d Use $50K To Build An Options Portfolio (No Day Trading, No Gambling, No Side Hustle)
Peter Pru discusses how to build an options portfolio with $50,000, avoiding common traps like using 100% buying power. He introduces the "Rule of Thirds" strategy, highlighting the importance of a cash reserve for portfolio protection dur…
- I'm DONE Using 20 Delta Puts (The 80% Win Rate TRAP!)
Peter Pru explains that the 20 delta put strategy can be misleading on speculative stocks with high implied volatility. He details how delta is calculated and why attractive premium may indicate risk. Pru advocates for a two-filter approac…
- Covered Calls Assigned Early? Here's What to Do
Early assignment of covered calls, where shares are sold before the expiration date, can be disorienting for new sellers. However, this event typically indicates that the options trade was highly successful.
- I am DUMPING PLTR for THIS in 2026! (Post Earnings Analysis)
Peter Pru analyzes Palantir's recent earnings, noting the stock's drop despite a strong report. He explains the dangers of high-premium growth stocks like PLTR for small accounts and discusses identifying assignment prices for retirement p…
- $5,000 Wheel Strategy Mistake That Freezes Your Entire Account
The Wheel Strategy can be a trap for small accounts when copying large portfolio tactics. This episode exposes hidden crash patterns, such as margin usage and high-beta earnings traps, that can freeze capital and destroy premium compoundin…
- The $SOFI "Guidance" TRAP (Do THIS Instead)
This episode discusses the market's reaction to SoFi's Q1 earnings, explaining that a 10% stock dump occurred despite record profits. It advises listeners on how to avoid a sentiment trap by selling cash-secured puts and covered calls to c…
- I am DUMPING Basic Covered Calls for THIS Strategy in 2026!
The episode discusses the Covered Strangle strategy as a way to potentially increase premium yield and utilize idle cash, contrasting it with basic covered calls, especially in a flat market.
- How to Calculate Your Exact SCHD Retirement Number
This episode details the correct method for calculating your specific SCHD retirement number by working backward from your living expenses. It emphasizes the dangers of optimistic yield assumptions and explains how dividend growth signific…
- The 90% Win Rate on the Wheel Strategy (Here Is What They Leave Out)
This episode explains the expectancy math of the wheel strategy, highlighting how losses can cluster during market corrections and how the covered call phase can obscure underlying stock performance.
- URGENT WARNING: The 4 Silent Mistakes Destroying Your Wheel Strategy Gains
This episode warns about four silent mistakes that can destroy gains when using the Wheel Strategy. These include using margin, holding through earnings, and premium creep, which can lead to significant losses in options accounts.
- Stop Rolling Covered Calls (Do THIS Instead)
Peter Pru explains how the common practice of rolling covered calls due to fear of losing shares can be an emotional trap. He discusses the concept of 'net debits' and provides a mathematical rule to determine when to accept a credit for r…
- I STOPPED Learning The Greeks for the Wheel Strategy
Peter Pru explains that Wall Street overcomplicates options trading with complex math. He reveals a simpler method using only two numbers to generate monthly income through conservative cash-secured puts.
- URGENT WARNING The YieldMax NAV Erosion TRAP
This episode warns about a potential trap in high-yield YieldMax funds, such as $TSLY, where apparent payouts might actually be the liquidation of the investor's principal. It discusses the math behind coverage ratios and NAV erosion, advo…
- The ONLY 2 Leveraged ETFs I'd Wheel (TQQQ & SQQQ Strategy)
This episode discusses the risks of using leveraged ETFs like TQQQ and SQQQ in options wheel strategies, highlighting daily NAV decay. It outlines the specific mathematical rules and aggressive, ultra-short timelines required for investors…
- UPGRADE Your Wheel Strategy Returns Instantly (No Additional Risk)
This episode explains a 5-layer income strategy for the Wheel Strategy to increase premium collection and utilize capital between cycles, including collateral interest and dividends, without adding risk.
- How I'd Run The Wheel Strategy With $4,500 (Small Account Strategy)
Peter Pru details how to execute the Wheel Strategy with a $4,500 account, warning against splitting capital into multiple cheap options. He advocates for a single, high-quality position to better protect against downside risk and spread f…
- The $7.5 Million Cash Secured Put You Never Head Of
This episode discusses how conservative investors use cash-secured puts to acquire assets. It references Warren Buffett's 1993 Coca-Cola trade and explains how everyday investors can utilize cash-secured puts to earn income while seeking d…
- I'm DUMPING These High-Yield ETFs (The Hidden NAV Bleed)
This episode discusses the NAV erosion trap in high-yield synthetic funds, explaining how Wall Street might return principal as income. It advocates for using partial-coverage options to protect retirement capital from liquidation.
- Stop Buying SCHD for Income (The 90-Day Waiting TRAP)
This episode explains the 90-day waiting trap of buying dividend ETFs like SCHD without considering the ex-dividend date. It suggests selling cash-secured puts to collect upfront premium and potentially buy funds at a discount.
- BEST Covered Call ETFs - High Yields and LOW Nav Erosion
This episode discusses the risks of holding multiple covered call ETFs, highlighting the hidden NAV decay in single-stock YieldMax funds. It offers strategies to protect against market pullbacks by rotating into non-correlated assets.
- STOP Wheeling Cheap Under $10 Stocks (What To Do Instead)
This episode discusses the risks of running the Wheel Strategy on stocks under $10, highlighting issues like bid-ask spreads and toxic companies. It offers filters and trade ideas to avoid poor stock choices and protect capital.
- I am DUMPING $JEPQ for THIS Strategy in 2026!
Peter Pru discusses tax implications for $JEPQ and $JEPI holders in taxable accounts and introduces the new $ROCQ fund from JPMorgan. He also provides information on his conservative premium collection strategy and educational workshops.
- I am DUMPING The Wheel Strategy for THIS in 2026!
The podcast discusses the Covered Strangle strategy as a superior alternative to the traditional Wheel strategy for collecting premium in sideways markets. It explains the mechanics of the Covered Strangle for collecting income from both s…
- The Problem With Monthly Option Expirations (Wheel Strategy)
This episode discusses a common problem with the monthly Wheel Strategy where all options expire simultaneously, leading to lumpy income. It introduces position sequencing to stagger entry dates, creating regular income events and mitigati…
- SOFI is Up 25% From Its Lows (Heres Are My Next Moves)
This episode analyzes SOFI’s recent 25% stock increase, driven by its Big Business Banking launch, Fed Now integration, and earnings anticipation. It details how this rapid rise affects covered call calculations, advising on strike selecti…
- High Delta vs Low Delta Puts: Which One Actually Works Better For The Wheel Strategy
This episode discusses improving cash flow for the Wheel Strategy by staggering option entry dates to create regular income events, rather than lump sums. The framework avoids using weekly options and maintains the core strategy.
- Why I Never Buy Dividend Stocks at Market Price (And You Shouldn't Either)
Peter Pru explains the flaw in dividend investing: lack of control over purchase price. He suggests using cash-secured puts to enter dividend stocks at a desired price and collect premium, then potentially layering covered calls for triple…
- Wheel Strategy for Retirement Income (Running Covered Calls and Cash Secured Puts)
This episode explains how to adapt the wheel strategy for retirement accounts, recommending broad index exposure like SPY and QQQ. It details strike selection to make assignment welcome and discusses why the covered call phase after a mark…
- The Wheel Strategy Failures Nobody Warns You About
This episode discusses predictable failure modes of the wheel strategy, such as selecting the wrong underlying asset, oversizing positions, the covered call grind on declining stocks, and volatility collapse. It emphasizes that solutions f…
- The $2500 Wheel Strategy. How To Grow A Small Account Consistently
This episode explains why advice to start options trading with $25,000 is flawed. It details how to execute the wheel strategy with a smaller $2500 account, covering setup selection, managing covered calls after assignment, and prioritizin…
- ULTY Is Legally Stealing Your Money (And You Don't Even Know It)
This episode explains how the fund ULTY allegedly extracts value from investors through layered fees, full upside surrender on volatile single stocks, and distributions that consistently outpace what the fund actually earns, even when shar…
- 5 High Yield ETFs Ranked for Retirement Income
This episode ranks 5 high-yield ETFs for retirement income, discussing how covered call coverage ratios impact Net Asset Value (NAV) over time and the importance of total return over headline yield. It also covers strategic placement in ta…
- NAV Erosion: The Silent Killer of Income ETF Strategies
This episode explains NAV erosion, a trap in high yield income ETFs. It details how to identify this issue by examining total return instead of just headline yield, and contrasts how funds like QYLD, QQQI, JEPI, JEPQ, and SCHD address it.
- The 4% Rule Has a Flaw Nobody Talks About (What Im Doing Instead)
This episode discusses a flaw in the common 4% rule for retirement planning, where most plans rely on hitting a target number and market performance. It introduces an alternative three-layer income architecture designed to generate cash fl…
- The SCHD vs DGRO Comparison Nobody Is Doing
This episode provides an in-depth comparison of the SCHD and DGRO ETFs, going beyond typical analyses. It examines the underlying structure and optimization of each fund to help listeners determine the most suitable option based on their i…
- A 10% Yield Isn't Always A 10% Yield (Here's What JEPQ and QQQI Investors Are Missing)
This episode explains the tax differences between JEPQ and QQQI for income investors. It covers why JEPQ is suitable for Roth IRAs and QQQI for taxable accounts, highlighting how account placement impacts after-tax returns.
- Deep In The Money Calls vs Buying Stock (What The Content Leaves Out)
This episode analyzes the strategy of using deep in the money call options as an alternative to buying stock. The discussion covers capital efficiency, dividend surrender, time value costs, and expiration obligations.
- The Wheel Strategy Has A 90% Win Rate (Here's The Part Nobody Tells You)
Peter Pru details four structural risks of the wheel strategy often omitted in options content. These include capital lock-up from assignment, reduced income due to volatility collapse, quiet concentration risk, and psychological failures…
- Assigned On A Put And The Stock Keeps Dropping (Can't Sell Calls)
Peter Pru explains four strategies when assigned on a cash-secured put and the stock price falls below the cost basis. Options include selling at-the-money covered calls, selling longer-dated calls, repeatedly selling short-dated calls, or…
- The Best High-Yield ETFs To Buy For Monthly Income In 2026 (And How They Work Together)
This episode explains how the ETFs JEPI, JEPQ, and SCHD function as a three-layer income floor. It details the specific roles of each fund in providing consistent monthly cash flow, amplifying income with Nasdaq volatility premium, and com…
- Why I Will Never Run The Wheel Strategy On A Leveraged ETFs (And Neither Should You)
This episode explains the significant risks of using the wheel strategy on leveraged ETFs such as TQQQ and SOXL. It covers the mechanics of daily leverage rebalancing, volatility decay, and how the strategy's logic fails with assets design…
- Why I Stopped Trading Weekly Options (And Why Most People Should Too)
Peter Pru discusses the drawbacks of trading weekly options, including gamma risk, bid-ask spreads, and operational costs, contrasting them with the consistency of monthly options like the Ark Strategy.
- Vanguard Just Split 5 ETFs. Why Vanguard Just Made Buying These ETFs Even Easier.
Vanguard announced forward share splits for five ETFs on April 21, 2026: VUG, MGK, VOOG, VO, and VGT. While a split doesn't change ownership value, it affects capital requirements for options strategies. The VGT split is particularly signi…
- JEPI vs SPYI: The Honest Truth Nobody Is Talking About
This episode compares the covered call ETFs JEPI and SPYI, detailing their construction, income consistency, downside behavior in various market cycles like 2022, and tax implications. It highlights JEPI's active quality filter and its fun…
- SOFI Is Down 50% From Its Highs (Here Are My Next Moves)
Peter Pru provides an assessment of SoFi's stock, referencing a short report and securitization risks. He covers the bull case, including revenue growth and loan commitments, and details his strategy of using covered calls to manage his po…
- Dividends Are NOT A Retirement Strategy (Here's What They Actually Are)
This episode explains that dividends are not a retirement strategy but rather a passive income floor. It discusses why the dividend vs. total return debate is flawed, warns against high yields, and details how to use dividends in conjuncti…
- Every Oil Crisis Ends The Same Way. And Most Investors Get Hurt Twice.
This episode analyzes the consistent patterns of oil crises over the past 50 years and the mistakes investors repeatedly make. It offers a framework for option sellers to identify oversold businesses and utilize the wheel strategy during p…
- SCHD Just Cut Their Dividend (Truth Behind The Q1 Announcement)
Peter Pru analyzes SCHD's Q1 2026 dividend announcement, explaining the normal quarter-over-quarter drop and how to interpret the year-over-year figures. He also details how SCHD's reconstitution methodology acts as a systematic value inve…
- SCHD's 2026 Reconstitution Changed Everything. Here's My Honest Take.
This episode analyzes the 2026 SCHD reconstitution from an options seller's viewpoint, detailing new additions, removals, sector changes, and how the fund's increased beta offers better covered call premium opportunities for income investo…