You’ve probably heard of options as leveraged bets — like the legendary Gamestop saga, where Roaring Kitty turned $53,000 into $289 million using options contracts.
You may also know investors who use options more conservatively — selling options on stocks they already own to generate extra income.
Or you’ve come across the strategy of selling options on stocks you want to buy — and getting paid while you wait for the price to drop to your target.
Whatever your starting point, options open up a whole new dimension in how you manage and position your investments.
As our new options trainer Alex Yeo puts it:
“Once you understand options, you won’t want to trade stocks the same way again.”
Meet the Trainer: Alex Yeo
I’ve known Alex for many years — he’s been a full-time investor for as long as I can remember and has contributed regularly to Dr Wealth. Quiet and unassuming, Alex left a stable career at STI blue-chip companies to live life on his own terms and pursue his love for the markets.
With his accounting background, he has a knack for spotting opportunities that others miss. And while he doesn’t talk much about it, he’s been trading options quietly — and successfully — for years.
I finally convinced him to teach a course.
At Dr Wealth, we’ve always believed in learning from practitioners, not theorists — people who have skin in the game. But not every practitioner is willing or able to teach. So I’m really glad Alex agreed.
Get the Course (and More) — For Free
You’re not going to pay thousands. Not even hundreds.
Thanks to our partnership with Webull, we’re making this S$599 Options Trading Course completely free.
✅ No gimmicks.
✅ No fluff.
✅ Just open a Webull account and fund S$3,000. That’s it.
💡 Here’s how it works:
🎁 Fund S$686 → Redeem 1 Free* Course
Choose any one of our most practical, hands-on investing courses:
– PowerUp Options Mastery (Options Wheel)
– PowerUp Options Mastery (Bull Put Spread)
– Building Portfolios with ETFs (NEW)
A lighter entry point designed for beginners or anyone who wants to level up one specific skill.
🎁 Fund S$10,000 → Redeem 3 Free* Courses
Unlock all THREE Dr Wealth courses — the complete bundle:
– PowerUp Options Mastery (Options Wheel)
– PowerUp Options Mastery (Bull Put Spread)
– Building Portfolios with ETFs (NEW)
Perfect for serious learners who want both short-term income and long-term portfolio stability.
✅ No need to pay S$599. Just fund a Webull account and unlock the content.
We’re probably the first in Singapore to offer something like this.
I’m not sure how long this deal will last, so grab it while you can.
👉 Click here to open your Webull account and unlock the free courses.
FAQ: What is the difference between the Options Wheel and the Bull Put Strategy?
The Options Wheel is a long-term income strategy where you sell cash-secured puts to potentially buy stock at a discount, then sell covered calls on the stock you own—repeating the cycle to generate recurring income.
The Bull Put Spread, on the other hand, is a shorter-term strategy where you sell one put and buy another put at a lower strike price. This lets you profit from bullish moves without needing to buy the stock.
In short:
✅ Options Wheel = income over time using real stocks
✅ Bull Put Spread = directional trade with lower capital and limited risk
Who is Webull
Webull is a Nasdaq-listed company (Ticker: $BULL) and is licensed by MAS in Singapore.
They offer one of the most intuitive and powerful trading platforms available today — both on mobile and desktop. Whether you’re a beginner or an experienced investor, you’ll find their tools helpful.
Best of all, they offer rock-bottom trading fees as a discount broker — so your costs stay low and more of your money goes to work.
👉Open your Webull account now to claim your rewards
💬 Have questions? Join Dr Wealth x Webull service group to get an extra gift and explore more.
This post is sponsored by Webull.
*T&Cs apply. All investments involve risks and are not suitable for every investor. Options trading involves significant risk and is not suitable for all investors as investors may be exposed to potentially rapid and substantial losses. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Eager to know more about option