🚨 I’ll be live at 10 a.m. ET🚨
I’m joining Nate for a special guest appearance to talk about today’s upcoming trade at 1:30 p.m. ET and more [tap to join us for Opening Playbook]!
Let me be straight with you — this strategy isn’t glamorous. There’s no secret indicator, no magic setup, no overnight windfall. What there is, though, is a clear mathematical framework that I’ve been quietly working for over a year now, and the numbers are proving it out.
Here’s the core idea — in fact, if you catch my show, Market Masters at 11:30 a.m. ET on Mondays and Fridays, then you’ve already seen this plan in action…
When my account reaches $1.6 million, I can generate $50,000 a month simply by targeting 40% annualized ROI (return on investment) by selling options instead of buying them. That’s it. That’s the whole game.
So the question I keep asking myself is — why would I trade any differently right now than I will when I get there? The answer is I wouldn’t. And I don’t.
A 40% annualized ROI beats most market indexes and most everything the market does over the course of a year. It’s not some pie-in-the-sky number but easily attainable if you know where to look for premium.
It’s doable and it’s not high risk, it’s repeatable — and that combination is genuinely rare in this business.
How the Turbo Wheel Works
When I’m running the turbo wheel, my go-to strategy is to focus on creating a circular trading process that builds income over time. I start by selling cash-secured puts, and if I get assigned those shares, no problem — I simply turn around and sell covered calls on them.
This cycle of selling puts to get the shares, then selling calls to get rid of them is what forms the basis of my approach and what most people just call “running the wheel.”
I pursue these trades with a more aggressive and bullish setup because I’m looking to capture some nice upside movements. Let me tell you, that setup has worked well for me — it keeps things moving and generates the cash flow I’m after.
I’m mainly after stocks priced between $30 and $100 with a high beta — that means they’re more volatile than the S&P 500, which gives me plenty of room to play. I use AIs to dig into the top options over the past 90 days, finding the ones with an average daily volume of at least 10,000 contracts.
Although AIs can make mistakes, this method helps me zero in on the potential trades that could offer decent premiums. But remember folks, it’s crucial you understand what’s appropriate for your own account and manage your risks carefully, because trading involves real, substantial risks.
So be smart and keep learning what’s best for you.
Why Short-Duration Trades Change the Math
Most people think 40% is 40% — you target it once for the year and call it a win. But that’s not how this works. If you hit 40% annualized ROI this week, cash it out and immediately go after another 40% ROI the next week, that compounding grows your money faster.
Compounding is the name of the game here for growing account size.
You end up with something closer to a 50% or 60% gain for the year — versus someone who buys a one-year position targeting 40% ROI and just sits there with their capital locked up. By going after shorter-duration expirations, compounding does the heavy lifting.
The Journey Is the Point
I started this personal challenge in April 2024, and when I kicked it off, I figured it would take me five years to reach the $1.6 million goal.
I’m not there yet but after roughly 15 months of executing this exact strategy, I’m up to nearly $18,000 a month in income and still climbing. That’s measurable, real progress toward the $50,000 monthly income target.
It could take six years — I don’t know exactly — but the goal is to get there. And it’s all about the journey, not the destination.
That mindset isn’t a motivational poster quote. It’s practical. If you’re white-knuckling every month because you’re not at the finish line yet, you’ll make emotional decisions. Staying process-focused — trading the same way every time, even though it’s boring — is what actually gets you there. Every trade filters through the same roughly 40% annualized ROI criteria.
No exceptions, no shortcuts, no chasing.
The math is the map. Trust the process, stay consistent and let compounding do what it does.
Drop on by the show! We look at new trades and manage assignments on Mondays, and then manage our trades on Fridays! I also share a chart like this with everyone to give you some ideas for where to find premium.
Jeffry Turnmire
Jeffry Turnmire Trading
I host my Morning Monster livestream at 9:15 a.m. ET each weekday on YouTube, and then 30 Minutes of Awesome at 5 p.m. ET each Tuesday!
Please check out my channel and hit that Subscribe button!
You can also follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
- Telegram:https://t.me/+6TdDE7-F6GlhMmJh
Important Note: No one from the ProsperityPub team or Jeffry Turnmire Trading will ever message you directly on Telegram.
I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I’ve been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it’s the Eagle Scout in me.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. 1% a day? This Kind of Consistency Should NOT Be Possible
Take it from me, the daily tactic I’m about to show you is arguably the most consistent setup I’ve come across…
Over 172 trades and counting without a single loss, all because I’ve struck upon one of the market’s most consistent daily patterns.
