Uploaded June 2026 | Updated September 2026, 2 weeks ago
Every options trader wants the same thing: steady, reliable income. But whether you are trading covered calls, cash-secured puts, or credit spreads, you’ve likely found yourself trapped in the ultimate trading trap... The emotional tug-of-war between Fear and Greed.
Greed tells you to collect the maximum premium possible. Fear panics the second a trade moves slightly against you, causing you to exit early and take unnecessary losses.
In this exclusive MetaStock presentation, veteran CBOE floor trader Dan Passarelli breaks down the exact psychological framework and structured strategy he uses to eliminate the noise, manage risk objectively, and approach income trades with complete confidence.
🕒 What You Will Learn in This Session:
The Income Framework: How to establish clear, rule-based entries and exits that remove emotion from the equation.
Managing Trades That Turn: The step-by-step mechanical process for handling a trade when it tests your strike price.
Balancing Premium vs. Risk: How to select the right premium levels without over-exposing your portfolio to tail risk.
The Institutional Mindset: Insights from the CBOE trading floor on how professional market makers view risk and premium collection.
👉 RESOURCES MENTIONED IN THIS VIDEO:
✅ Get MetaStock (Special Offer): metastock.com/pasb
✅ Join The Traders Forum for Free: TheTradersForum.com
ABOUT DAN PASSARELLI:
Dan is a former Chicago Board Options Exchange (CBOE) floor trader, founder of Market Taker Mentoring, and the author of the definitive trading books Trading Option Greeks and The Market Taker's Edge. He is globally recognized for his ability to break down complex options concepts into actionable income strategies.
#OptionsTrading #IncomeTrading #DanPassarelli #MetaStock #CoveredCalls #CreditSpreads #TradingPsychology #TechnicalAnalysis #DayTrading2026
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✋ New to MetaStock? Watch this: youtu.be/k8WsxEFftho
📙 Get your FREE ebook "Secrets of Successful Traders." metastock.com/youtubebook
📺 Register to attend our next FREE webinar: metastock.com/events/webinars
💡 Follow us on Facebook: facebook.com/metastock
🪧 Follow us on Twitter: twitter.com/metastock
--------
What is MetaStock anyway?
MetaStock has provided award-winning charting and analysis tools for self-directed traders for over 30 years. Capitalizing on technical analysis, our line of trading software and market data are designed for active traders of all levels so they can backtest, scan and analyze the markets with confidence.
The result is buy and sell signals you can count on. We have options for day traders, swing traders, and EOD traders to trade stocks, options, futures, FOREX, and more. Try MetaStock, and we are confident you’ll agree that it’s the best charting software available to the private trader.
💬 Chat Live with MetaStock Product Specialist: metastock.com/saleschat
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Legal Stuff
This demonstration is designed to instruct you on using MetaStock and accompanying software plug-ins and is not a recommendation to buy or sell, but rather guidelines to interpreting and using the specific indicators and features within the software. The information, software, and techniques presented today should only be used by investors who are aware of the risk inherent in trading.
MetaStock shall have no liability for any investment decisions based on the use of their software, any trading strategies or any information provided in connection with the company.
MetaStock does not endorse the purchase of any security nor is it paid for the promotion of any security. No information contained in this presentation should be construed as investment advice or a solicitation to buy any security.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Characteristics & Risks of Standardized Options
Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange-traded options. Copies of this document may be obtained from your broker or any exchange on which options are traded.
Every options trader wants the same thing: steady, reliable income. But whether you are trading covered calls, cash-secured puts, or credit spreads, you’ve likely found yourself trapped in the ultimate trading trap... The emotional tug-of-war between Fear and Greed.
Greed tells you to collect the maximum premium possible. Fear panics the second a trade moves slightly against you, causing you to exit early and take unnecessary losses.
In this exclusive MetaStock presentation, veteran CBOE floor trader Dan Passarelli breaks down the exact psychological framework and structured strategy he uses to eliminate the noise, manage risk objectively, and approach income trades with complete confidence.
🕒 What You Will Learn in This Session:
The Income Framework: How to establish clear, rule-based entries and exits that remove emotion from the equation.
Managing Trades That Turn: The step-by-step mechanical process for handling a trade when it tests your strike price.
Balancing Premium vs. Risk: How to select the right premium levels without over-exposing your portfolio to tail risk.
The Institutional Mindset: Insights from the CBOE trading floor on how professional market makers view risk and premium collection.
👉 RESOURCES MENTIONED IN THIS VIDEO:
✅ Get MetaStock (Special Offer): metastock.com/pasb
✅ Join The Traders Forum for Free: TheTradersForum.com
ABOUT DAN PASSARELLI:
Dan is a former Chicago Board Options Exchange (CBOE) floor trader, founder of Market Taker Mentoring, and the author of the definitive trading books Trading Option Greeks and The Market Taker's Edge. He is globally recognized for his ability to break down complex options concepts into actionable income strategies.
#OptionsTrading #IncomeTrading #DanPassarelli #MetaStock #CoveredCalls #CreditSpreads #TradingPsychology #TechnicalAnalysis #DayTrading2026
---------
✋ New to MetaStock? Watch this: youtu.be/k8WsxEFftho
📙 Get your FREE ebook "Secrets of Successful Traders." metastock.com/youtubebook
📺 Register to attend our next FREE webinar: metastock.com/events/webinars
💡 Follow us on Facebook: facebook.com/metastock
🪧 Follow us on Twitter: twitter.com/metastock
--------
What is MetaStock anyway?
MetaStock has provided award-winning charting and analysis tools for self-directed traders for over 30 years. Capitalizing on technical analysis, our line of trading software and market data are designed for active traders of all levels so they can backtest, scan and analyze the markets with confidence.
The result is buy and sell signals you can count on. We have options for day traders, swing traders, and EOD traders to trade stocks, options, futures, FOREX, and more. Try MetaStock, and we are confident you’ll agree that it’s the best charting software available to the private trader.
💬 Chat Live with MetaStock Product Specialist: metastock.com/saleschat
---------
Legal Stuff
This demonstration is designed to instruct you on using MetaStock and accompanying software plug-ins and is not a recommendation to buy or sell, but rather guidelines to interpreting and using the specific indicators and features within the software. The information, software, and techniques presented today should only be used by investors who are aware of the risk inherent in trading.
MetaStock shall have no liability for any investment decisions based on the use of their software, any trading strategies or any information provided in connection with the company.
MetaStock does not endorse the purchase of any security nor is it paid for the promotion of any security. No information contained in this presentation should be construed as investment advice or a solicitation to buy any security.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Characteristics & Risks of Standardized Options
Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange-traded options. Copies of this document may be obtained from your broker or any exchange on which options are traded.
