Excited to Launch "The All Options Wheel Strategy"! I have seen many Videos or Presentations on the Conventional Wheel Strategy, but that involves buying stock , which can be quite expensive. My problem with the Traditional Wheel Strategy is lots of Capital is needed and that results in relatively small yields. I decided to explore developing the All Wheel Options Strategy to dramatically increase the yield potential of the Wheel and also offer a much cheaper alternative for smaller accounts. The All Options Wheel differs from the Traditional Wheel in 2 main ways: 1) Short Puts in the Traditional Wheel are replaced by much cheaper Put Credit Spreads and 2) Long Stock in the Traditional Wheel is replaced by In-the-Money Calls as a Stock surrogate.